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EXERCISES-SET A ES-1A. Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of LOS $30,000. For each of the sales
EXERCISES-SET A ES-1A. Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of LOS $30,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 1. 2/10, 1/30 Juno 8 2. 1/10, n/30 June 15 3. 1/15, 1/30 June 14 130 June 28 4
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