I was wondering if you could help me with my accounting question? 1. Describe briefly the...

Question

Question

I was wondering if you could help me with my accounting question?

1. Describe briefly the steps recording a payment of an invoice when taking a cash discount, using as the base the cost before taxes:

a) for merchandise for resale.

b) for merchandise not for resale (Office Supplies).

Answer 1

Answer #1

Ansues athansaction place finetly the paasisional etey to he eupense ex)inlonae posttien of the panpmaet tinae h fallouiag at

Answer 2

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