An invoice for $5275 dated November 12, terms 4/10, n/30, was received on November 14. What payment
Question:
An invoice for $5275 dated November 12, terms 4/10, n/30, was received on November 14. What payment must be made on November 20 to reduce the debt to $3000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Question Posted:
Students also viewed these Mathematics questions
-
The Peel Trading Company received an invoice dated September 20 for $16 000 less 25% and 20%, terms 5/10, 2/30, n/60. Peel made a payment on September 30 to reduce the debt to $5000 and a payment on...
-
An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be made on April 10 to reduce the debt to $1200?
-
The Ski Shop received an invoice for $9600 dated August 11, terms 5/10, 2/30, n/90, for a shipment of skis. The Ski Shop made two partial payments. (a) How much was paid on August 20 to reduce the...
-
A 16 lb weight is attached to a spring with a spring constant equal to 2 lb/ft. Neglect damping. The weight is released from rest at 3 ft below the equilibrium position. At t = 2r sec, it is struck...
-
What is the difference between primary and secondary air pollutants?
-
Find the X value corresponding to z 5 0.75 for each of the following distributions. a. m 5 90 and s 5 4 b. m 5 90 and s 5 8 c. m 5 90 and s 5 12 d. m 5 90 and s 5 20
-
etre
-
On December 31, 2016, Jons Company had 1,300,000 shares of $5 par common stock issued and outstanding. At December 31, 2016, stockholders' equity had the amounts listed here. Common Stock...
-
Quesuur DUIS View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Sunland Company had a five-month, 6%, $80,400 note receivable that was issued on October 1, 2021...
-
What are the major job attitudes? In what ways are these attitudes alike? What is unique about each?
-
Golf World sells a set of golf clubs for $762.50 below the suggested retail price. Golf World claims that this represents a 62.5% discount. What is the suggested retail price (or list price)?
-
What payment will reduce the amount due on an invoice of $1940 by $740 if the terms of the invoice are 5/10, n/30 and the payment is made during the discount period?
-
Oil pumped from a certain oil field decreases 10% each year. How long will it take for production to be 10% of the first years production?
-
How do socio-cognitive mechanisms, such as social identity theory and self-categorization theory, contribute to the formation and maintenance of organizational culture ?
-
How do you Sales Forecast and an Expense forecast for future years?
-
2. Do you really think the Bono case described in Ch. 2 is a genuine ethical conflict? Explain. 6. Describe the ethical issue in the Siemens case
-
How do I calculate using the SPC method if my key metric is time
-
Labor Standards: Where Do They Belong on the International Trade Agenda? Author(s): Drusilla K. Brown Link. https://viu.summon.serialssolutions.com/?#!/search?....
-
At the end of a skateboard exhibition, one of the performers tossed a skateboard into the rowdy crowd. David rushed to catch the prize but was injured when his fellow spectator trampled him to snatch...
-
Interest Compounded Annually. When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i) t . Trevor's parents deposit $7800...
-
A $10 000, 3% bond is purchased nine years and six months before maturity to yield 2% semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond?
-
A $25 000, 7% bond is purchased 12 years before maturity to yield 5% compounded semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond?
-
A $1000, 5% bond is purchased 8.5 years before maturity to yield 4% compounded semiannually. If the bond interest is payable semi-annually, what is the purchase price of the bond?
-
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
-
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
-
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...
Study smarter with the SolutionInn App