qrb501 w2

due 1 hour

5. a man received an invoice dated march 9, with term 3/10, n30 amounting to $550. he paid the bill on march 12. how much was the cash discount?

6. a man gets an invoice for $450 with terms 2/10, 1/15, n30. how mych would he pay 24 days after the invoice date?

7. an invoice for a camcorder that cost $1,270 is dated August 1, with sales terms of 2/10 EOM. if the bill is paid on september 5, how much is due?

8 an invoice for $200 is dated Oct 2, and has sales term of 5/10 ROG. the merchanduse arrives Oct 9. How much is due if the bill is paid Oct 14?

9. a machine shop received a shipment of goods from a distributor. the bill of lading was marked FOB-shipping. who paid the freight? to whom was the freight paid?