Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to the nearest cent.) Amount of Invoice Terms of Sale Cash Discount Net Amount Due $7,010.20 4/10, n/30 $ $

Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to the nearest cent.) Amount of Invoice Terms of Sale Cash Discount Net Amount Due $7,010.20 4/10, n/30 $ $

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 1.6C

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Question

Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to the nearest cent.)

Amount of Invoice	Terms of Sale	Cash Discount	Net Amount Due
$7,010.20	4/10, n/30	$	$

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