Santa cerise purchase merchandise from her supplier. The invoice price of the purchase was $7000....
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Accounting
Santa cerise purchase merchandise from her supplier. The invoice price of the purchase was $7000. She took advantage of the credit terms of 2/10, and/30. The goods were ship F.oh, that be shipping point at a cost of $150. Santa had to return some of the merchandise, which cost $400, because it was damaged. What is the amount of net purchases?
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