Sandown Appliances received an invoice dated September 14 with terms 4/10 E.O.M. for the items...
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Accounting
Sandown Appliances received an invoice dated September 14 with terms 4/10 E.O.M. for the items listed below. 5 refrigerators at $900 each less 25% and 6% 2 4 dishwashers at $779 each less 15%, 12.6%, and 3% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment is made such that a balance of $2400 remains outstan
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