15.9687194227 units between the 2 points
$9802.90
17.4% = 0.174
so retail price = 8,350 + 8,350 * 0.174
= $9802.90
59 is the answer to this question
Answer and Step-by-step explanation:
The journal entries are shown below:
On March 12
Account receivable A/c Dr $11,000
To Sales $11,000
(Being the goods are sold on credit)
On March 11
Cash $10,780
Sales discount ($11,000 × 2%) $220
To Account receivable $11,000
(Being the cash received is recorded)
Only these two entries are recorded
Since the payment is made within 10 days so Grace hospital is eligible for the discount