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Posted on Jul 25, 2024

On July 4, 2023, Sarahs Catering Company purchased ingredients from Gordon Food Supply. Before any discounts, the cost of the ingredients is $15,000. Payment terms

On July 4, 2023, Sarahs Catering Company purchased ingredients from Gordon Food Supply. Before any discounts, the cost of the ingredients is $15,000. Payment terms are 2/10, n/30.

If Sarahs Catering Company remits payment on July 8, 2023, what amount will the company owe Gordon Food Supply for this purchase?

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