Cash Discounts. ISCoun

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Lesson 4: Cash Discounts: Ordinary Dating
6. Complete the table.
Terms
Date Paid Net Price Cash
Last Date Last Date
to Pay
Invoice
Invoice
Cash Price
Date
to Take
Discount
Discount
|May 25
| 2/10, n/30
May 30
$806.50
March 13
| 6/10, n/30
March 24
$941.22
Transcribed Image Text:Lesson 4: Cash Discounts: Ordinary Dating 6. Complete the table. Terms Date Paid Net Price Cash Last Date Last Date to Pay Invoice Invoice Cash Price Date to Take Discount Discount |May 25 | 2/10, n/30 May 30 $806.50 March 13 | 6/10, n/30 March 24 $941.22
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