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How To figure the discount using calculator1. Be sure that decimal selector is on 2 decimal places2. Key in amount of the sale3. Multiply by percent (use the percent key)4. The amount which shows in the window is the "discount" amount5. Press the "minus" sign and you would have the actual amount of the check to be written (original price, minus the discount)You can also use "complement" method to figure sale price.1. Key the amount of sale2. Multiply by complement (100 percent minus the discount percent)3. Amount which shows in the window is the actual sale amount4. Press "minus" sign and you will the "discount" amount.
Q. What is Posting reference column? This column demonstrates the account number of the debited or credited account. For example in Exhibit 8 the number 100 in the first entry
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