MAMS VERSION Flashcards

1
Q

First?

A

List Price

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2
Q

List Price

A

Less Trade Discount

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3
Q

Less Trade Discount

A

Invoice Price of Merchandise

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4
Q

Invoice Price of Merchandise

A

Less: Net invoice price of merchandise returned

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5
Q

Less: Net invoice price of merchandise returned

A

Net invoice price

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6
Q

Net invoice price

A

Less: Cash Discount

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7
Q

Less: Cash Discount

A

Amount due to supplier

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