The total amount paid for this merchandise


A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $275 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is:

A. $3,725.00.

B. $3,925.00.

C. $3,995.00

D. $4,000.50.

E. $4,075.00.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: The total amount paid for this merchandise
Reference No:- TGS070428

Expected delivery within 24 Hours