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Wilson company purchased goods with the following terms and

Question - Wilson Company purchased goods with the following terms and details:

Sales price, $7,000

Terms, 4/10, n/30

Date of sale, May 10

Date of payment, May 21

Returns and allowances (before payment), $500

Shipping, FOB Shipping Point, $90, prepaid by seller

Required: Compute the amount that Wilson Company has to pay to the seller for the goods.

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Accounting Basics: Wilson company purchased goods with the following terms and

Reference No:- TGS02441765

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Accounting Basics: Wilson company purchased goods with the following terms and

Reference No:- TGS02441765

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