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Accounting transaction help: Send checks to S. Hoyt for $9,000 less 2% cash discount, and to D. Omara for 11,000 less 1% cash discount. What
Accounting transaction help: Send checks to S. Hoyt for $9,000 less 2% cash discount, and to D. Omara for 11,000 less 1% cash discount.
What would I do If i was going to record it on a accounts recievable subsidary ledger. Btw, the Credit sales terms are 2/10, n/30, the cost of merchandise was 62% of the sales price.
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