Apple Co sells merchandise on credit to Zea Co in the amount of 8,000. The invoice is dated on September 15 with terms of 1/15, net 45. What is the amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount? O a. 160, September 30 O b. 160, September 25 c. 80, September 30 d. 80, September 25

Multiple choice

Kaden Co. sells merchandise on credit to Jase Co. for $9,600. The invoice is dated July 15 with terms of 1/15, net 45. If Jase Co. chooses not to take the discount, by when should the payment be made? a.August 29 b.August 15 c.July 30 d.July 25

Kaden Co. sells merchandise on credit to Jase Co. for $9,600. The invoice is dated July 15 with terms of 1/15, net 45. If Jase Co. chooses not to take the discount, by when should the payment be made? Oa. July 25 Ob. August 15 Oc. July 30 Od. August 29

Trade Discount and Cash Discounts Merchandise was purchased on account from Jacob's Distributors on May 17. The purchase price was $1,400, less a 10% trade discount and credit terms of 2/10, n/30. 1.  Calculate the net amount to record the invoice, less the 10% trade discount. 2.  Calculate the amount to be paid on this invoice within the discount period. 3.  Journalize the purchase of the merchandise on May 17 in a general journal. Journalize the payment on May 27 (within the discount period).

The journal entry to record the receipt of a payment from customer within the discount period on a sale of $2325 with terms of 3/10, n/30 will include a credit to O a. Sales discounts for $70 O b. Accounts receivable for $2325 O c. Sales Revenue for $2325 O d. Cash for $2255

Trade Discount and Cash Discounts Merchandise was purchased on account from Jacob's Distributors on May 17. The purchase price was $2,000, less a 10% trade discount and credit terms of 2/10, n/30. 1. Calculate the net amount to record the invoice, less the 10% trade discount. 2. Calculate the amount to be paid on this invoice within the discount period. 3. Journalize the purchase of the merchandise on May 17 in a general journal. Journalize the payment on May 27 (within the discount period). Page: DOC. POST. DEBIT CREDIT NO. REF. DATE ACCOUNT TITLE 20-- 1 Мay 17 2 3 Purchased merchandise 3 4 27 5 6 6 7 Paid invoice within discount period

Trade Discount and Cash Discounts Merchandise was purchased on account from Jacob's Distributors on May 17. The purchase price was $2,000, less a 10% trade discount and credit terms of 2/10, n/30. 1. Calculate the net amount to record the invoice, less the 10% trade discount. 2. Calculate the amount to be paid on this invoice within thé discount period. $4 3. Journalize the purchase of the merchandise on May 17 in a general journal. Journalize the payment on May 27 (within the discount period). Page: DATE ACCOUNT TITLE DOC. POST. DEBIT CREDIT NO. REF. 20-- 1 May 17 1 2 Purchased merchandise 4 27 4 5 6. 6. Paid invoice within discount period 7 00000 00 000 3.

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please qucikly thanks