The gross amount of an invoice with freight charge included
The gross amount of an invoice with freight charge included is $500. The freight charge is $100. The invoice is dated November 29 with terms of 1/10 EOM. Payment is made on January 4. Find: (a) the cash discount, and (b) the net amount paid.
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the gross amount of an invoice with freight charge included is 500 the freight charge is 100 the invoice is dated
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