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10. Mr Soh bought fifty shirts at RM88 each on 24 June 2021. He received an invoice with trade discounts 10%, 8% and 5% and
10. Mr Soh bought fifty shirts at RM88 each on 24 June 2021. He received an invoice with trade discounts 10%, 8% and 5% and cash discount term of 5/5,3/10, n/60 respectively. a. Calculate a single trade discount rate that is equivalent to the trade discount given. (ans:21.34%) b. Find the total payment if the Invoice is cleared on 30 June 2021. (ans:RM3,357.21)
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Financial And Managerial Accounting El Camino College Edition
Authors: Haka Bettner Carcello Williams
1st Edition
0077838246, 978-0077838249
