Question
The Exotic Import Company received an invoice dated January 5 for a shipment of goods received January 11. The invoice was for $5525.00 less 40%,
The Exotic Import Company received an invoice dated January 5 for a shipment of goods received January 11. The invoice was for $5525.00 less 40%, 8% with terms 3/20 R.O.G. How much must Exotic Import pay on January 20th to reduce its debt
a) by $3000.00?
b) to $3000.00?
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The Auditors Guide Of 1869 A Review And Computer Enhancement Of Recently Discovered Old Microfilm Of Americas First Book On Auditing By H J Mettenheimer
Authors: Peter L. McMickle, Paul H. Jensen
1st Edition
0367534622, 978-0367534622
