Question
2. An invoice for $ 10, 890.90 is dated February 29 th , 2020 with payment terms of 3/15, 2 1/2 /30, 1/ 40, n/60
2. An invoice for $ 10, 890.90 is dated February 29th, 2020 with payment terms of 3/15, 21/2/30, 1/ 40, n/60 is received. On March 31st, 2020, the business remits a payment of $5,000. What does this payment get credited as?show caculation by BAII plus calculator.
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
5th Edition
0273622919, 978-0273622918
