When selling goods with a list price of $30,000 a trade discount of 5% was allowed...
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When selling goods with a list price of $30,000 a trade discount of 5% was allowed and a settlement discount of 3% offered if payment is received within the first week. The payment was not received: but the customer returned the goods in full. What is the Credit Note that should be issued to the customer? Use the editor to format your answer When selling goods with a list price of $30,000 a trade discount of 5% was allowed and a settlement discount of 3% offered if payment is received within the first week. The payment was not received: but the customer returned the goods in full. What is the Credit Note that should be issued to the customer? Use the editor to format your answer
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Since the customer didnt made payment within a week he is not e... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
Posted Date:
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