ACC 291 Week 1 chapter 8 quiz

Feb 3rd, 2012
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Ashford University
Course: ACC 291
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Buehler Company on June 15 sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20, Chaz Co. returns merchandise worth $300 to Buehler Company. On June 24, payment is received from Chaz Co. for the balance due. What is the amount of cash received? a. $700 b. $680 c. $686. d. None of the above.

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