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Questions and answers by
Jeffrey W
Questions (6)
Smith of Victorville sold office equipment for $12,500 to Frank of Barstow. Terms of the sale are 2/10, n/30 FOB Victorville.
0 answers
477 views
A manufacturer of ice skates offered a chain discount of 7/5/1. Bobby’s Sport Shop ordered 30 pairs of skates that had a list
1 answer
1,157 views
Jones Manufacturing sent Blue Company an invoice for equipment with a list price of $10,000. The invoice is dated July 27 with
1 answer
2,202 views
Mel’s furniture received an invoice dated September 27 for five bedroom sets at $3,000 each. The invoice indicated a trade
0 answers
862 views
An invoice dated February 9 in the amount of $45,000 is received by Reliance Corporation on February 13. Cash discount terms on
0 answers
885 views
On May 1, 2004 the Jones Company received a bank statement that showed a $2,950 balance. Mr. Jones showed a $4,010 checking
0 answers
593 views