Q1 An invoice of RM60,000 dated 23 February 2021 was offered 11% trade discount and cash discount terms of 4/10, n/30. Find (a) the trade discount offered, (b) (c) (d) the cash discount offered, (2 marks) (CLO2:PLO2:C2)(CLO2:PLO2:C2) the net payment if the invoice was paid on 4 March 2020, (3 marks) (CLO2:PLO2:C2)(CLO2:PLO2:C2) (4 marks) (CLO2:PLO2:C3)(CLO2:PLO7:C3) the outstanding balance if RM 25,000 was paid on 4 March 2021. (4 marks) (CLO2:PLO2:C3)(CLO2:PLO7:C3)