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12. XYZ Appliance received an invoice dated Aug 12 with terms 3/10 E.O.M. for the items listed below: 5 GE refrigerators at $980 each less
12. XYZ Appliance received an invoice dated Aug 12 with terms 3/10 E.O.M. for the items listed below: 5 GE refrigerators at $980 each less 25 % and %%; 4 dishwashers at $696 each less 16 2/3, 22.5 % and 4 % What is the last day for taking the cash discount? a. What is the amount due if the invoice is paid on the last day for taking the discount? What is the amount of the cash discount if partial payment is made in such a way that a balance of $2,000 remains outstanding on the invoice? b. . 3 12. XYZ Appliance received an invoice dated Aug 12 with terms 3/10 E.O.M. for the items listed below: 5 GE refrigerators at $980 each less 25 % and %%; 4 dishwashers at $696 each less 16 2/3, 22.5 % and 4 % What is the last day for taking the cash discount? a. What is the amount due if the invoice is paid on the last day for taking the discount? What is the amount of the cash discount if partial payment is made in such a way that a balance of $2,000 remains outstanding on the invoice? b. . 3
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