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Homework answers / question archive / Find the cash discount and the net price on an invoice for RM580 dated April 17 with terms of 3/10, n/30 if the bill was paid April 26

Find the cash discount and the net price on an invoice for RM580 dated April 17 with terms of 3/10, n/30 if the bill was paid April 26

Accounting

Find the cash discount and the net price on an invoice for RM580 dated April 17 with terms of 3/10, n/30 if the bill was paid April 26. Draw the "timeline” stated the initial date, the due date, and the day receives cash discount. 3. Loft Corporation received an RM945 invoice for kitchen ingredients with terms of 1/10, n/30. The firm could not pay the entire bill within 10 days but sent a check for RM500. Find : (a) the amount credited for the partial payment. (b) the balance due date on the invoice.

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