Answered: Jordan's of Boston sold Lee Company of New York computer equipment with a $7,000 list price. Sale terms were 4/10, n/30 FOB Boston. Jordan's agreed to prepay…

FINANCIAL ACCOUNTING

10th Edition

ISBN: 9781259964947

Author: Libby

Publisher: MCG

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Question

What does Lee pay Jordan's?

Jordan's of Boston sold Lee Company of New York computer equipment with a $7,000 list price. Sale terms were 4/10, n/30 FOB
Boston. Jordan's agreed to prepay the $400 freight. Lee pays the invoice within the discount period. What does Lee pay Jordan's?
Lee pays

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