June 15th. James Retailer sells merchandise on account to Tom Customer for $25,000, terms 3/10, n/30. | |||||||||
June 20th. Tom Customer returns merchandise worth $2,500 to James Retailer. | |||||||||
June 24th. Payment is received from Tom Customer for the balance due. | |||||||||
What is the amount of cash received on june 24th.? | |||||||||
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