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Watson company purchased goods with the following terms and

Question - Watson Company purchased goods with the following terms and details:

Sales price, $7,000

Terms, 2/10, n/30

Date of sale, November 2

Date of payment, November 13

Returns and allowances (before payment), $1,000

Shipping, FOB Destination, $80, prepaid by seller

Compute the amount that Watson Company has to pay to the seller for the goods.

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Accounting Basics: Watson company purchased goods with the following terms and

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Accounting Basics: Watson company purchased goods with the following terms and

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