Exercise 7.7 (Algo) Computing a series of trade discounts. LO 7-7 Reginald's English Gardens, a wholesale firm, made sales using the following list prices and trade discounts. What amount will be recorded for each sale in the sales journal? 1. List price of $2,500 and trade discounts of 20 and 10 percent 2. List price of $1,250 and trade discounts of 20 and 12 percent 3. List price of $2,000 and trade discounts of 30 and 10 percent 1. Amount of sale 2. Amount of sale 3. Amount of sale

Exercise 7.7 (Algo) Computing a series of trade discounts. LO 7.7 Reginald's English Gardens, a wholesale firm, made sales using the following list prices and trade discounts. What amount will be recorded for each sale in the sales journal? 1. List price of $2,500 and trade discounts of 20 and 10 percent 2. List price of $1,250 and trade discounts of 20 and 12 percent 3. List price of $2,000 and trade discounts of 30 and 10 percent Exercise 7.7 (Algo) Computing a series of trade discounts. Reginald's English Gardens, a wholesale firm, made sales using the followin recorded for each sale in the sales journal? 1. List price of $2,500 and trade discounts of 20 and 10 percent 2. List price of $1,250 and trade discounts of 20 and 12 percent 3. List price of $2,000 and trade discounts of 30 and 10 percent