On April 15, Peach Company sold merchandise to Orange Company for $2,500 on terms of 2/10, n/30.

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On April 15, Peach Company sold merchandise to Orange Company for $2,500 on terms of 2/10, n/30. Assume a return of merchandise on April 20 of $425 and payment in full on April 25. What is the payment by Orange to Peach on April 25?

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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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