Giovannis Pizza purchased merchandise on account from Restaurant Suppliers. The merchandise had a list price of $3,000,
Question:
Giovanni’s Pizza purchased merchandise on account from Restaurant Suppliers. The merchandise had a list price of $3,000, with trade discounts of 30 percent and 5 percent, terms n/30. What amount should Giovanni’s Pizza pay on the due date?
a. $1,995
b. $1,950
c. $2,100
d. $2,205
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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