Rivera Company made sales using the following list prices and trade discounts. What amount should be recorded

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Rivera Company made sales using the following list prices and trade discounts. What amount should be recorded for each sale?

1. List price of $900 and trade discount of 25 percent.
2. List price of $2,260 and trade discount of 30 percent.
3. List price of $1,200 and trade discount of 20 percent.

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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