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Parker Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Parker Company received on April 14. April 4 Sold goods costing $9,000 to Scott Company on account, $15,000, terms 1/10, n/30

Parker Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Parker Company received on April 14. April 4 Sold goods costing $9,000 to Scott Company on account, $15,000, terms 1/10, n/30.

The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $170.

April10 Scott Company returned undamaged merchandise previously purchased on account, $2,000.

April14 Received the amount due from Scott Company.

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