Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $30,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date...


Cash Discount Calculations<br>On June 1, Forest Company sold merchandise with a list price of $30,000. For<br>each of the sales terms below, determine the proper amount of cash received:<br>Credit Terms Date Paid<br>1 2/10, n/30<br>2 1/10, n/30 June 15<br>3 1/15, n/30 June 14<br>4 n/30<br>June 8<br>June 28<br>4<br>0<br>

Extracted text: Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $30,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 1 2/10, n/30 2 1/10, n/30 June 15 3 1/15, n/30 June 14 4 n/30 June 8 June 28 4 0

Jun 01, 2022
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