Homework Answers
Cash needed to pay within discount period= List price less Trade Discount *(1-Cash discount)
=($32,700-32% of $32,700)*98%
=$ 21,791 (d)
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A retailer purchases merchandise with a catalog list price of $32,700. The retailer receives a 32%...
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Please help me answer those
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QUESTIUN In credit terms of 3/15, n 45, the "3" represents the a. number of days in the discount period b. number of days when the entire amount is due c. percent of the cash discount d. full amount of the invoice QUESTION 8 Titans Co. purchases merchandise with a catalog list price of $30,000. The retailer receives a 30% trade discount and credit terms of 210, n. 30. What amount should Titans debit to the Inventory account? a. $20,580...
Please help me answer those
three Questions.
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