Question
Kelantan Thai Restaurant received an invoice for RM5,000 (including transportation cost of RM150) dated 29 April 2019. Spoilt goods valued at RM500 were sent
Kelantan Thai Restaurant received an invoice for RM5,000 (including transportation cost of RM150) dated 29 April 2019. Spoilt goods valued at RM500 were sent back. If the invoice terms of 8/12, 4/20, n/30, calculate; i. ii. III. the last payment date to receive cash discount of 8% and 4%. the last date to settle the invoice. What was this payment? the net invoice price if the invoice was paid on 9 May 2019 and 12 May 2019.
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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