00:01
All right, so i see that you need help with this question and it says beckett company sold merchandise on the account for $11 ,300.
00:07
Terms 110 and 30, freight charges $320 were prepaid by beckett company and added to the invoice.
00:18
The customer returned $1 ,150 of merchandise before making the payment, then pay the invoice within the discount period.
00:27
What is the amount beckett company received.
00:30
So first the company returned $1 ,150 of merchandise.
00:36
So the invoice amount is reduced.
00:40
So i'm going to take the $11 ,300 and i'm going to subtract the $1 ,150 and i'm going to to get $10 ,150.
00:50
Okay.
00:53
Then next, the freight charges are $320...