A creditor received a check for Php 6,213 from a debtor in full settlement for an invoice
Fantastic news! We've Found the answer you've been seeking!
Question:
A creditor received a check for Php 6,213 from a debtor in full settlement for an invoice of goods. If the debtor had deducted a 5% cash discount, what was the amount of the invoice?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: