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2. The Peel Trading Company received an invoice dated Oct 2, 2021, for $9,230.00 less 25% and 15%, terms 5/10, 2/30, n/60. (25 pts) a)
2. The Peel Trading Company received an invoice dated Oct 2, 2021, for $9,230.00 less 25% and 15%, terms 5/10, 2/30, n/60. (25 pts) a) What is the invoice amount? b) What are the last days of the two discount periods? c) How much was paid on Oct 11 to reduce the unpaid balance to $4,000.00? How much was paid on Oct 30 to reduce the unpaid balance by $1,500.00? e) What was the account balance on Oct 31? d)
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