On April 15, Sanborn Company sold merchandise to Barr Company for $3,000 on terms of 2/10, n/30.

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On April 15, Sanborn Company sold merchandise to Barr Company for $3,000 on terms of 2/10, n/30. Assume a return of merchandise on April 20 of $600 and collection in full on April 25. What is the amount collected by Sanborn on April 25?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 08:05 AM

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On April 15, Sanborn Company sold merchandise to Barr Company for $3,000 on terms of 2/10, n/30.

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Principles of Accounting

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