A"SActivity No. 4A builder gets a trade discount of 1.25% and (3% -10days) on goods retailingfor QR173,400. How much does he pay if paid after 12 daysActivity No. 5At September,5,2019 A builder gets a trade discount of 2.5% and (2/10) ongoods retailing for QR550,000. How much does he pay if paid in Sep,15,2019?Activity No. 6At 1/2/2021 A builder gets a trade discount of 2.25% and (3.5/8) on goodsretailing for QR40,400. How much does he pay in 10/2/2021?

Hi studentSince there are multiple questions, we will answer only first question.Trade discount is…

Answered: Activity No. 4 A builder gets a trade…

Activity No. 4 A builder gets a trade discount of 1.25% and (3% -10days) on goods retailing for QR173,400. How much does he pay if paid after 12 days

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Trade Credit

Answer- a- Before Shipping of goods

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A
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S
Activity No. 4
A builder gets a trade discount of 1.25% and (3% -10days) on goods retailing
for QR173,400. How much does he pay if paid after 12 days
Activity No. 5
At September,5,2019 A builder gets a trade discount of 2.5% and (2/10) on
goods retailing for QR550,000. How much does he pay if paid in Sep,15,2019?
Activity No. 6
At 1/2/2021 A builder gets a trade discount of 2.25% and (3.5/8) on goods
retailing for QR40,400. How much does he pay in 10/2/2021?

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