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A company purchased $2,400 of merchandise on July 5 with terms 2/10, n/30. On July...

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Accounting

A company purchased $2,400 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $260 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals

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