On May 17, Talbots of Boston sold Forrest of Los Angeles $7,150 of fine clothes. Terms...
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On May 17, Talbots of Boston sold Forrest of Los Angeles $7,150 of fine clothes. Terms were 2/10 EOM FOB Boston. Talbots agreed to prepay the $80 freight. a. If Forrest pays the invoice on June 8, what will Forrest pay? Amount paid b. If Forrest pays on June 22, what will Forrest pay? Amount paid On May 17, Talbots of Boston sold Forrest of Los Angeles $7,150 of fine clothes. Terms were 2/10 EOM FOB Boston. Talbots agreed to prepay the $80 freight. a. If Forrest pays the invoice on June 8, what will Forrest pay? Amount paid b. If Forrest pays on June 22, what will Forrest pay? Amount paid
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Talbots of Bostory Sold Forrest of Los angeles 7150 of fine c... View the full answer
Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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