Compute the discount date, the due date, the amount of discount and amount of the remittance if the required remittance is paid within the discount period. Round your answers to two decimal places.
|
Due date = Oct 23
Discount amount = 819.25 - 2% = $16.39
Remittance = 819.25 + 52.12 - 16.39 = $854.98
Compute the discount date, the due date, the amount of discount and amount of the remittance...
Compute the discount date, the due date, the amount of discount and amount of the remittance if the required remittance is paid within the discount period. Round your answers to two decimal places. Terms: 2/10,net/45 Discount date: Select: Jan. 4, Jan. 8, Dec. 4, Dec. 8 Invoice date: Nov. 24 Due date: Select: Jan. 4, Jan. 8, Dec. 4, Dec. 8 Invoice amount: $898.70 Discount amount: $ Remittance: $
Compute the discount date, the due date, the amount of discount and amount of the remittance if the required remittance is paid within the discount period. Round your answers to two decimal places. On March 29, Cathy Wellesby bought $7,420 worth of merchandise on terms of 2/10, net/45. Discount date: Select: Apr. 8, Apr. 13, May 8, May 13 Discount amount: $ Due date: Select: Apr. 8, Apr. 13, May 8, May 13 Remittance: $
11 Complete the following by calculating the cash discount and net amount paid: Gross amount of invoice (freight charge already included) Freight charge Date of invoice Terms of invoice Date of payment Cash discount Net amount paid 700 None 1814 8/14 4/10, 3/15 n/30 4/10, 315, 11308/26 8/26
can someome do these and show the work plz and thank you! Find the amount due on each ivoice if it is paid on the date indicated. Thero is a 10% late fee. Show all of your work. 3 each (9) 28. $902.88 29. $1,080 30. $88.69 of Amount Sales Terms Date Paid 5/10, n/30 uly 17 n/60 Nov. 18 Invoice June 15 Oct. 5 Dec. 12 late $820.80 $1,080 10/20, 0.50 2/10, 1/20, n/30 Dec. 20 $90.50 Find the...
Tony Chang gives good customers a cash discount of 1.5% on any amount that they pay within 5 days of the invoice date. An invoice for $1,890 was written on February 2. The customer paid $900 on February 6. Compute the amount that Tony must credit to his customer's account. (This problem involves the partial payment of an invoice within the discount period.) Round your answer to two decimal places. $ credited
The amount due on the invoice is ____ 7.4.10 Skill Builder 5 Question Help Find the amount of the discount and the amount due. Terms Invoice Amount $11,309 Invoice Date 4/6 Date Invoice Pd 5/1 Amount Discount Amount Due 2/10 prox The discount to the customer is $ -
An invoice in the amount of $750 is subject to a trade discount of 15% and credit terms on 3/10, n/30. If the invoice is not paid within the discount period, the amount that would be paid to satisfy the invoice would be
How do you compute net income for a merchandiser O Cost of goods sold other expenses. O Net sales - cost of goods sold other expenses. O Revenues - expenses. O Net sales - cost of goods sold. Explain what the credit terms of 2/10,n/30 mean. (Check all that apply.) The full payment is due within 10 days. The buyer can deduct 2% of the invoice amount if payment is made within 10 days of the invoice date. The buyer...
Save Question 8 (3 points) Find the net amount due on the following invoice. Pa discount date. Invoice amount without shipping: $3.961.50 Terms: 2/10, n/30 Trade discount rate: 10% Shipping Charges: $66.10 Question 8 options:
Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight Paid by Seller Freight Terms Returns and Allowances a. $4,400 $238 FOB Shipping Point, 1/10, net 30 $400 b. $5,800 $90 FOB Destination, 2/10, net 45 $1,300