Sonnys Spas, Inc. purchased $8,000 worth of inventory from the Pool Warehouse on account, terms of 2/10,

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Sonny’s Spas, Inc. purchased $8,000 worth of inventory from the Pool Warehouse on account, terms of 2/10, n/30. Some of the goods are damaged in shipment, so Sonny’s Spas, Inc. returns $1,100 of the merchandise to the Pool Warehouse. How much must Sonny’s Spas, Inc. pay the Pool Warehouse?
1. after the discount period?
2. within the discount period?
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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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