Clark Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Clark Company received on May 20
Sold goods costing $6,000 to Barnes Company on account, $10,000, terms 4/10, n/30. The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $180.
Barnes Company returned undamaged merchandise previously purchased on account, $2,200.
Received the amount due from Barnes Company.
Amount due from Barnes Company on May 20:$…….