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Computing the trade discount

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Reference no: EM132419265

Problem: A wholesale firm made sales with the following list prices and trade discounts. Calculate the amount the firm will use to record each sale in the sales journal. Show your calculation. Round your answers to the nearest dollar.

Required:

Question 1: List price of $2,300 and trade discount of 40 percent.

Question 2: List price of $3,500 and trade discounts of 25 and 15 percent.

Reference no: EM132419265

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