Caesar Company returned $750 of goods it had purchased from another company.The original invoice was for $4,200,3/10,n/30.What is the discount if Caesar pays the balance within the discount period?

Question

Quizplus · Accepted Answer

The original invoice was $4,200, and $750 worth of goods were returned, leaving a balance of $3,450. The discount is 3% of the remaining balance if paid within the discount period. 3% of $3,450 is $103.50.

Caesar Company Returned $750 of Goods It Had Purchased from Another