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On April merchandise costing $15400 reaches the retail located in New Orleans Louisiana the invoice is dated March 22 and has terms of 8/10 EOM.
On April merchandise costing $15400 reaches the retail located in New Orleans Louisiana the invoice is dated March 22 and has terms of 8/10 EOM. The invoice is paid on April 10.
How much should be remitted ?
If the merchandise shipped FOB New Orleans , Louisiana charges reversed with transportation charges of $300
How much should be remitted ?
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton
7th Edition
047118909X, 978-0471189091
