SOLUTION: A resort hotel buys canned food on terms of 1/5, net/45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. On July 5th, the hotel retu

Question 1038714: A resort hotel buys canned food on terms of 1/5, net/45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. On July 5th, the hotel returned cans worth $74.20 because they were damaged . using the complement method, compute the remittance if the required amount is paid within discount period.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

This is an accounting question. Please ask your accounting questions on an accounting homework help website. Algebra.com is not the appropriate place to ask this type of question.

John

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