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A company purchases merchandise inventory for $134,500 on credit terms of 3/10 net 30. The...

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Question

Accounting

A company purchases merchandise inventory for $134,500 on credit terms of 3/10 net 30. The bill is paid within the discount period. The amount of cash paid to the supplier is:

Select one:

a.

$129,477

b.

$130,465

c.

$131,989

d.

$134,500

e.

$132,483

Answer & Explanation Solved by verified expert
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