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Using the gross method of recording sales, what sales price should be recorded when an item with an $1,100 list price is sold with a 15% trade discount? The sales invoice includes the terms 2/10, n/30?
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Apr 27, 2021
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Using the gross method of recording sales, what sales price should be recorded when an item with an $1,100 list price is sold with a 15% trade discount? The sales invoice includes the terms 2/10, n/30?
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Nat Chouf
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Answer:
Use percentage value new value and old value
Tglas
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May 3, 2021
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