M = milk
C= cheese
X=meat
milk = 0.5c
meat = 4c
cheese = 1c
<span>4 +0.5 = 1c = 5.5c</span>
C= 42/5.5 = 7.64
X = 7.64 x 4 = 30.56
M =7.64 * 0.5 = 4.67
30.56 + 3.82 + 7.64 = approximately $42
Answer:
8
Step-by-step explanation:
don't start with 2, start with 0
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
