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Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $25,000. For each of the sales terms below, determine the

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Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $25,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 1 2/10 IV 30 June 8 2. 1/10, 1/30 June 15 3 1/15, 30 June 14 30 June 23 4 1 S 25 3 S 45 Check

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