Question
A mahogany desk costs $4,000 and has a 30% trade discount. Freight (FOB shipping point) of $25 is not part of the list price. There
A mahogany desk costs $4,000 and has a 30% trade discount. Freight (FOB shipping point) of $25 is not part of the list price. There is a cash discount of 2/10, n/30, ROG. The invoice had was dated March 9. The desk was received on March 20 and the invoice was paid on March 26. What is the delivered price?
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Data Analytics For Accounting
Authors: Vernon Richardson
3rd Edition
1264444907, 9781264444908
