Computing a series of trade discounts.
Patio Dudes, a wholesale firm, made sales using the following list prices and trade discounts. What amount will be recorded for each sale in the sales journal?
1. List price of $3,340 and trade discounts of 30 and 10 percent
2. List price of $4,720 and trade discounts of 30 and 10 percent
3. List price of $1,120 and trade discounts of 20 and 10 percent
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