Use the following to answer questions 1-5 For the next few weeks, the company is offering...
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Use the following to answer questions 1-5 For the next few weeks, the company is offering a 20% trade discount when providing services of $10,000 or more to its customers to encourage customers to buy more services. The company also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The company provided the following services this month; amounts are shown before trade discounts have been deducted: Provides $12,000 services for Customer A-on account-pays within 10 days Provides $7,000 services for Customer B-on account-pays within 10 days Provides $20,000 services for Customer C-on account-pays within 30 days Provides $8,000 services for Customer D-received payment last month 1. $ 2. $ 3. $ 4. $ 5. $ What amount of Service revenue should the company record for Customer A? What amount of Service revenue should the company record for Customer B? Customer B pays within 10 days; how much will they pay? Determine the monthly Service revenue for the company Determine the company's Net service revenue for the month Use the following to answer questions 1-5 For the next few weeks, the company is offering a 20% trade discount when providing services of $10,000 or more to its customers to encourage customers to buy more services. The company also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The company provided the following services this month; amounts are shown before trade discounts have been deducted: Provides $12,000 services for Customer A-on account-pays within 10 days Provides $7,000 services for Customer B-on account-pays within 10 days Provides $20,000 services for Customer C-on account-pays within 30 days Provides $8,000 services for Customer D-received payment last month 1. $ 2. $ 3. $ 4. $ 5. $ What amount of Service revenue should the company record for Customer A? What amount of Service revenue should the company record for Customer B? Customer B pays within 10 days; how much will they pay? Determine the monthly Service revenue for the company Determine the company's Net service revenue for the month
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