When recording a cash discount (Wadkins Company Inc.) for paying an invoice early (2/10, net 30) the discount amount is usually based on: A The purchase price including HST. B The purchase price excluding HST. C) The purchase price less the discount amount. D None of the above.

Prepayments with purchase orders will appear in the cheque log if they are recorded: A) with the purchase order. B separately as payments after the purchase order is recorded. c) in the general journal. D) any of the above