Description
A) purchased $71,500 of merchandise from Sitwell Co. on account, terms 1/10, n/30.
B) paid the amount owed on the invoice within the discount period.
C) discovered that $13,500 (before purchases discount of 1%) of the merchandise was defective and returned items, receiving credit
D) purchased $9000 of merchandise from Sitwell Co. on account, terms n/30
E) received a check for the balance owed from the return in (c) after deducting for the purchase in (d)
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