Question 3)

Main Street Distributors, a wholesale firm, made sales using the following list prices and trade discounts. Required: What amount should be recorded for each sale? 1. List price of $2,700 and trade discounts of 30 percent and 20 2. List price of $3,400 and trade discounts of 30 percent and 20 3. List price of $1,750 and trade discounts of 20 percent and 10 f