uppose a certain appliance store purchases the following items. Calculate he extended total after the trade discounts for each line, the invoice ubtotal, and the invoice total. (Round your answers to the nearest cent.) Trade Extended Quantity Unit Merchandise Unit List Discounts Total 150 ea. Blenders $49.95 20/15/15 400 ea. Toasters $37.88 20/10/10 18 doz. Coffee Mills $244.30 30/9/6 $ 12 doz. Juicers $440.00 25/10/5 $ Invoice subtotal 24 Extra 5-% volume discount on total order - $ Invoice total

uppose a certain appliance store purchases the following items. Calculate he extended total after the trade discounts for each line, the invoice ubtotal, and the invoice total. (Round your answers to the nearest cent.) Trade Extended Quantity Unit Merchandise Unit List Discounts Total 150 ea. Blenders $49.95 20/15/15 400 ea. Toasters $37.88 20/10/10 18 doz. Coffee Mills $244.30 30/9/6 $ 12 doz. Juicers $440.00 25/10/5 $ Invoice subtotal 24 Extra 5-% volume discount on total order - $ Invoice total

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 13Q: If a customer purchased merchandise in the amount of $340, terms 3/10, n/30, returned $70 of the...

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Complete the following invoice, finding the net price using the single trade discount rate.QtyItemUnit priceList price3535Notebooks$1.311.314545Looseleaf paper$0.880.882525Ballpoint pens$0.830.83Total list price3535% trade discountNet priceFill in, rounding to the nearest cent as needed.QtyItemUnit priceList price3535Notebooks$1.311.31$nothing
Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List 150 300 18 12 ea. ea. doz. Blenders Toasters Coffee Mills doz. Juicers $39.95 Trade Discounts $244.30 20/15/15 $37.88 20/10/10 30/9/6 $480.00 25/10/5 Invoice subtotal LA 1 Extra 5 % volume discount on total order $ 2 Invoice total $ +A Extended Total
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