II. Find the trade discount and trade discount rate. Round to the nearest hundredth percent. Trade Discount List Price Net Price Trade Discount Rate P 65.00 115.00 198.00 237.75 P 50.00 98.00 142.50 176.56

II. Find the trade discount and trade discount rate. Round to the nearest hundredth percent. Trade Discount List Price Net Price Trade Discount Rate P 65.00 115.00 198.00 237.75 P 50.00 98.00 142.50 176.56

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter10: Cash Receipts And Cash Payments

Section: Chapter Questions

Problem 1DQ: What is the normal balance for each of the following accounts: (a) Purchases? (b) Sales Discounts?...

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Question

II. Find the trade discount and trade discount rate. Round to the nearest hundredth
percent.
Trade Discount
List Price
Net Price
Trade Discount
Rate
P 65.00
115.00
198.00
237.75
P 50.00
98.00
142.50
176.56

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