Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A customer has made 2 payments to a company with 2 different entities. First payment is for $11,084 into entity A. Second payment is for
A customer has made 2 payments to a company with 2 different entities. First payment is for $11,084 into entity A. Second payment is for $2,229 into Entity B.
Entity A's invoices total $6,310. Entity B's invoices total $11,084.00. Entity B has a CM for the customer in the amount of $4,081. In order to keep the CM in Entity B. What is the amount of payments that needs to be transferred between entity A and B to cover the invoices?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started