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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 |
$600 | None | 8/1 | 3/10, 2/15, n/30 | 8/13 | $ | $ |
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