Complete the following by calculating the cash discount and net amount paid: (If more than one...

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Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.) Gross amount of invoice (freight charge already included) $ 950 Freight charge None Date of invoice 8/6 Terms of invoice 4/10, 2/15, n/30 Date of payment 8/18 Cash discount Net amount paid Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.) Gross amount of invoice (freight charge already included) $ 950 Freight charge None Date of invoice 8/6 Terms of invoice 4/10, 2/15, n/30 Date of payment 8/18 Cash discount Net amount paid

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1 Determine the payment terms The payment terms are given as 410 21530 which means that there are tw... View the full answer