A computer assembly company received a shipment of monitors from its supplier with an invoice of $185,650
Question:
A computer assembly company received a shipment of monitors from its supplier with an invoice of $185,650 dated October 20, 2020 with payment terms 3/10, 2/30, n/45.
a. If the company paid $75,000 on October 30, 2020, what was the remaining balance?
b. What further payment on November 19, 2020 would reduce the balance to $50,000? C. If the invoice is settled with a balance payment on December 04, 2020, what was the total payment for the shipment?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
Question Posted: