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EXERCISES-SET A E5-1A. Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of L03 $30,000. For each of the sales

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EXERCISES-SET A E5-1A. Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of L03 $30,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid June 8 2. 1/10, n/30 June 15 3. 1/15, n/30June 14 June 28 I. 2/10, n/30 4. n/30

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