BOVE QS 5-4 (Algo) Computing net invoice amounts LO P1 Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Terms Payment a. b. Merchandise (gross) $ 6,800 $ 22,700 $ 78,600 $ 14,500 2/10,n/60 1/15 n/90 1/10, 1/30 3/15 n/45 d. Journal entry worksheet Purchased merchandise with a price of $1,140 and credit terms of n/30. Note: Enter debits before credits Date General Journal Debit Credit May 01 Record entry Clear entry View general journal Journal entry worksheet Returned merchandise that had a price of $270. Note: Enter debits before credits. Date General Journal Debit Credit May 07 Record entry Clear entry View general journal Journal entry worksheet