Essay On Cash Discount Policy

Essay About Total Sales And Accounts Receivables Balance
Pages • 1

Logan Distributing a) Compute the accounts receivables balance before and after the change in the cash discount policy. Use the net sales (total sales minus cash discounts) to determine the average daily sales. Before After Policy 1/10, net 30 3/10, net 50 Sales $400,000 $600,000 Customers taking discount Sales on credit $280,000 $300,000 Cash sales.

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