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Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.) Gross amount of
Complete the following by calculating the cash discount and net amount paid:
(If more than one discount, assume date of last discount.)
Gross amount of invoice (freight charge already included) | freight charge | date of invoice | terms of invoice | date of payment | cash discount | net amount paid |
$650 | none | 8/6 | 3/10, 2/15, n/30 | 8/17 |
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