Question: Complete the following: 2.) Invoice Date a.) Dec 28 b.) April 15 Date goods Received Terms 1/10,n30 2/10 EOM c.) July 12 Oct. 4
Complete the following: 2.) Invoice Date a.) Dec 28 b.) April 15 Date goods Received Terms 1/10,n30 2/10 EOM c.) July 12 Oct. 4 3/10,n/30 ROG d.) May 28 2/10 EOM Last day End of of discount credit period What is the cash discount and amount paid for each item in number 2 if: Invoice equals Payment Date Jan 8 3.) a.) $2,500 b.) $1,510 c.) $400 D.) $625 June 12 May 8 October 14 Discount Amount Paid
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Answer To calculate the cash discount and amount paid for each item in number 2 we need to consider ... View full answer
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