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For the next few weeks TJ Agency is offering a 20% trade discount when providing advertising services of $30,000 or more to its customers
For the next few weeks TJ Agency is offering a 20% trade discount when providing advertising services of $30,000 or more to its customers to encourage customers to buy more advertising. The Agency also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The Agency provided the following services this month; amounts are shown BEFORE trade discounts have been deducted. Remember, all sales and services are recorded at the agreed upon price. Designs a $50,000 ad campaign for Customer A-on account-pays in 30 days Designs a $75,000 ad campaign for Customer B-on account-pays within 10 days Designs a $20,000 ad campaign for Customer C-on account-pays within 10 days Designs a $10,000 ad campaign for Customer D-received payment last month 1. $. 2. $ 3. $ 4. $ 5. $ What amount of Service revenue should the Agency record for Customer A? What amount of Service revenue should the Agency record for Customer B? Customer B pays within 10 days, how much will they pay? Determine the monthly Service revenue for the Agency Determine the Agency's Net service revenue for the month
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