Compute the amount to be paid for each of the four separate invoices assuming that all...

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Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount

business accounting

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Answer 1

Answer #1

Gross amount to be paid : - Gross amount * ( 1- discount%)

	Payment($)
a)	9200*(1-0.02)	9,016
b)	26,300(1-0.01)	26,037
c)	83,400*(1-0.01)	82,566
d)	20,500*(1-0.03)	19,885

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Answer 2

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