Compute the discount date, the due date, the amount of discount and amount of the remittance if the entire invoice is paid within the discount period.Jay Wilson Design offers a cash discount of 2.5/5, net 45. On June 28, Wilson Design sold goods with a total invoice of $1,724.40. Nothing was returned, but the invoice included a $90 delivery charge.

Question

Compute the discount date, the due date, the amount of discount and amount of the remittance if the entire invoice is paid within the discount period.Jay Wilson Design offers a cash discount of 2.5/5, net 45. On June 28, Wilson Design sold goods with a total invoice of $1,724.40. Nothing was returned, but the invoice included a $90 delivery charge.
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Quizplus · Accepted Answer

The Answer of Compute the discount date, the due date, the amount of discount and amount of the remittance if the entire invoice is paid within the discount period.Jay Wilson Design offers a cash discount of 2.5/5, net 45. On June 28, Wilson Design sold goods with a total invoice of $1,724.40. Nothing was returned, but the invoice included a $90 delivery charge.
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Compute the Discount Date, the Due Date, the Amount of Discount