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Aug 1 Paul sold $66,000 of women sportswear on account credit terms are 2/10,n/30. Cost of good is $33,000. Aug 5 Paul received a $5,000
Aug 1 Paul sold $66,000 of women sportswear on account credit terms are 2/10,n/30. Cost of good is $33,000. Aug 5 Paul received a $5,000 sales return on damaged goods from the customer. Cost of goods damaged is $2,500. Aug 10 Paul receives payment from the customer on the amount due, less the return and discount. I don't understand how to break down this problem!!!!
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