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On June 1, Forest Company sold merchandise with a list price of $29,000. For each of the sales terms below, determine the proper amount of
On June 1, Forest Company sold merchandise with a list price of $29,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 1 2 2/10, n/30 1/10, n/30 1/15, n/30 June 8 June 15 June 14 June 28 3 4 n/30 1 $ 28,420 2 $ 3 $ 29,000 28,710 29,000 4 $
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