Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List Trade Discounts Extended Total 150 ea. Blenders $49.95 20/15/15 $   300 ea.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.)
Quantity Unit Merchandise Unit List Trade
Discounts
Extended
Total
150 ea. Blenders $49.95 20/15/15 $  
300 ea. Toasters $37.88 20/10/10 $  
18 doz. Coffee Mills $244.30 30/9/7 $  
12 doz. Juicers $440.00 25/10/5 $  
Invoice subtotal
Extra 
5
1
2
%
 volume discount on total order
− $ 
Invoice total
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