Question
For the next few weeks AD Agency is offering a 10% trade discount when providing advertising services of $35,000 or more to its customers to
For the next few weeks AD Agency is offering a 10% trade discount when providing advertising services of $35,000 or more to its customers to encourage customers to buy in bulk. The Agency also offers 2/10, n30 on all credit sales. All credit sales are invoiced on the 28th of the month. The Agency provided the following services this month; amounts are shown before trade discounts have been deducted: Designs a $35,000 ad campaign for Customer A on account pays in 30 days Designs a $27,000 ad campaign for Customer B on account pays within 10 days Designs a $45,000 ad campaign for Customer C on account pays within 10 days Designs a $30,000 ad campaign for Customer Dreceived payment last month
4. Determine the monthly sales for the Agency
5. Determine the Agencys Net Sales for the month.
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