(d) What are the amount (in 5) of the cash discount and the net amount due if the discount is taken? (Round your answers to the nearest cent) Cash discount $ Net amount due $ (e) if Sound Design sends in a partial payment of $30,000.00 with the discount period what is the net balance in st du? (Round your answer to the nearest cent)

Pkg Acc Infor Systems MS VISIO CD
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Chapter12: The Purchasing Process
Section: Chapter Questions
Problem 4SP
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Solve Part (d) and Part (e)
una invoice from one of Sound Design's vendors, Target Electronic Wholesalers
Sold to: Sound Design
Stock#
4811V
511CX
Invoice
6146M
1031A
480 McDowell Rd.
Phoenix, AZ 85008
Stock
Description
4813V Stereo Receivers
511CX Blu-Ray Players
6146M Home Theater Systems
1001A
LCD TVs
Description
(a) Complete the invoice temization by finding the total amount (in $) for each item, the merchandize total (n) and the total amount of the
invoice (in
Stereo Receivers
Blu Ray Players
Home Theater Systems
LCD TVs
ELECTRONIC WHOLESALERS
1979 N.E. 123 Street
Jacksonville, Florida 32204
Merchandise Total
Insurance+ Shipping
TARGET
Invoice Total
Unit Price
50x529350
25x3133.28-
40x3656.11-
20 x 5942:00-
Invoice Date: June 28, 2000x
Terms of Sale: 3/15, 30 ROG
Merchandise Total
Insurance Shipping $1,250.00
Invoice Total
Unit Price
Amount
50 x $293.50 514675.00
25x $133.28 $3332.00
40x565612 $ 26244 80
20x5592.00 $11840.00
Amount
$ 56001 80
$1250.00
$57341.80
G
(b) What are the discount date and the net date if the shipment arved on July 15?
Discount Date
-Select-
Net Date
-Select-
(c) While in transit, five Blu-ray players and four LCD TVs were damaged and will be retamed What is the amount (in 5) of the returned
merchandise? What is the revised merchandise total (in $37
Returned merchandise
Revised merchandise total $
(d) What are the amount (in 5) of the cash discount and the net amount due if the discount is taken? (Round your answers to the nearest cent)
Cash discount
$
Net amount due $
(e) If Sound Design sends in a partial payment of $30,000.00 within the discount period what is the net balance in 53 stil du? (Round your
answer to the nearest cent)
Transcribed Image Text:una invoice from one of Sound Design's vendors, Target Electronic Wholesalers Sold to: Sound Design Stock# 4811V 511CX Invoice 6146M 1031A 480 McDowell Rd. Phoenix, AZ 85008 Stock Description 4813V Stereo Receivers 511CX Blu-Ray Players 6146M Home Theater Systems 1001A LCD TVs Description (a) Complete the invoice temization by finding the total amount (in $) for each item, the merchandize total (n) and the total amount of the invoice (in Stereo Receivers Blu Ray Players Home Theater Systems LCD TVs ELECTRONIC WHOLESALERS 1979 N.E. 123 Street Jacksonville, Florida 32204 Merchandise Total Insurance+ Shipping TARGET Invoice Total Unit Price 50x529350 25x3133.28- 40x3656.11- 20 x 5942:00- Invoice Date: June 28, 2000x Terms of Sale: 3/15, 30 ROG Merchandise Total Insurance Shipping $1,250.00 Invoice Total Unit Price Amount 50 x $293.50 514675.00 25x $133.28 $3332.00 40x565612 $ 26244 80 20x5592.00 $11840.00 Amount $ 56001 80 $1250.00 $57341.80 G (b) What are the discount date and the net date if the shipment arved on July 15? Discount Date -Select- Net Date -Select- (c) While in transit, five Blu-ray players and four LCD TVs were damaged and will be retamed What is the amount (in 5) of the returned merchandise? What is the revised merchandise total (in $37 Returned merchandise Revised merchandise total $ (d) What are the amount (in 5) of the cash discount and the net amount due if the discount is taken? (Round your answers to the nearest cent) Cash discount $ Net amount due $ (e) If Sound Design sends in a partial payment of $30,000.00 within the discount period what is the net balance in 53 stil du? (Round your answer to the nearest cent)
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