An invoice for $2365.00 has terms 2/10, n/30. The amount credited on a payment made within the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Payment Am...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
First Ownership orders merchandise from several suppliers from around the world. Each of the suppliers has different shipping or transportation terms. At the end of December, First Ownership had the...
-
The case study for this chapter examines how Zara International, a division of Inditex, successfully manages its supply chain. Visit Inditex's Web site (www.inditex.com) and go to "Corporate...
-
AirBorne is a small airline operating out of Boise, Idaho. Its three flights travel to Salt Lake City, Reno, and Portland. The owner of the airline wants to assess the full cost of operating each...
-
An invoice for $2365.00 has terms 2/10, n/30. The amount credited on a payment made within the discount period was $1365.00. What was the amount of the payment?
-
Effect of transactions on the elements of financial statements Required Identify each of the following independent transactions as asset source (AS), asset use (AU), asset exchange (AE), or claims...
-
The Victoria Telephone Company has a $1,000 par value bond outstanding that pays 10 percent interest with annual payments. The current yield to maturity on such bonds in the market is 15 percent. Use...
-
Whites Photography received an e-invoice from Fuji Canada dated February 27 of a leap year. The amount of the invoice is $2896.77 with terms 2 /10, 1/30, n/60. a. What is the last date on which...
-
The terms of payment on an invoice for $2835.49 are 2/15, n/45. The balance owed after a payment within the discount period is $1135.49. What was the amount of the payment?
-
The auditor may conclude that depreciation charges are insufficient by noting a. Large amounts of fully depreciated assets. b. Continuous trade-ins of relatively new assets. c. Excessive recurring...
-
How much money is required today to fund a perpetuity earning 5.65% annually that needs to pay out $17,000 at the end of each year?
-
Suppose you play a game in which a friend offers to play in which you roll a fair die. If the outcome of the die is a "1", he will give you $7 and if the outcome is "6", he will give you $4. But if...
-
If the 7 scores in a sample were 82, 90, 94, 88, 76, 84, and 92, the standard deviation would be? Use the formula below to calculate the standard deviation. Refer to the Calculation of the Standard...
-
How does Chinua Achebe's novel "Things Fall Apart" reflect the impact of colonialism on traditional Igbo society, and what are its implications for understanding the complexities of cultural change...
-
How does Ng?g? wa Thiong'os novel "Decolonising the Mind: The Politics of Language in African Literature" address the relationship between language and cultural identity, and what arguments does he...
-
Find the area of the region bounded by the curves y = 1/ (2 + x), y = 1/ (2 x), and x = 1.
-
If the jobs displayed in Table 18.24 are processed using the earliestdue-date rule, what would be the lateness of job C? TABLE 18.24 Processing Times and Due Dates for Five Jobs Job C D E...
-
Far North Telecom, Ltd., of Ontario, has organized a new division to manufacture and sell specialty cellular telephones. The divisions monthly costs are shown below: Far North Telecom regards all of...
-
Prepare and Interpret Income Statements; Changes in Both Sales and Production; Lean Production Starfax, Inc., manufactures a small part that is widely used in various electronic products such as home...
-
Carlos Cavalas, the manager of Echo Products Brazilian Division, is trying to set the production schedule for the last quarter of the year. The Brazilian Division had planned to sell 3,600 units...
-
913 carrying amount of a machine is $ 40,000 (historical cost less depreciation). the machine. is expected to generate $ 10,000 net cash inflow. the net realisable value(or net selling price) of the...
-
1. The company uses the weighted-average method in its process costing system. The following data are available for one department for October. October, 1: work in process contained 30000 units, %...
-
For each of the following scenarios, conclude on whether the related expense has been properly included, properly excluded, improperly included, or improperly excluded in the 2018 general ledger....
Study smarter with the SolutionInn App