Question: 2 3 . On June 1 , 2 0 1 1 , merchandise subject to terms 2 / 1 0 , n / 3 0
On June merchandise subject to terms n was sold on account to a customer for $ On June the seller issued a credit memorandum for $ accepting merchandise returned by the customer. This was prior to payment by the customer.
a What is the amount of cash collected by the seller if the payment is made by the customer on June
b What is the amount of cash collected by the seller if payment is made by the customer on June
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