Vanessa Company made sales using the following list prices and trade discounts. What amount should be recorded

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Vanessa Company made sales using the following list prices and trade discounts. What amount should be recorded for each sale?
1. List price of $640 and trade discount of 20 percent.
2. List price of $740 and trade discount of 40 percent.
3. List price of $320 and trade discount of 30 percent.

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Related Book For  book-img-for-question

College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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