Assume that you provide customers the following terms: 1/10, n30, FOB Destination. You made a sale on January 1 for $15,000 to Joe Montana. Joe pays the invoice on January 16. What cash amount is received? $12,000 $15,150 $15,000 $150

Help Bally Manufacturing sent Intel Corporation an invoice for machinery with a $14,400 list price. Bally dated the invoice August 06 with 5/10 EOM terms. Intel receives a 40% trade discount. Intel pays the invoice on August 19. What does Intel pay Bally? Payable amount Cip

BUS 038 : Business Computations 8. An invoice for $75.20 has terms of 3/10, 1/30, n/60. If you make payment 25 days after the invoicedate, what amount should you pay?

Book the following transactions from the perspective of the buyer and the seller: Apr 19 May 19 Aug 17 Seller Co. sold $80,000 in Merchandise to Buyer Co. on account, n/30 (Cost of Goods Sold was $50,000) Buyer signed a $80,000 90-day, 10% note as an extension of the A/R Buyer paid Seller Co the maturity value Seller Co. Date Description Post Debit Credit ref 1 3 3 4 4 6. 6. 7 8 8. 9 9. 10 10 11 12 12 Buyer Co. Date Description Credit Post ref Debit 2 3. 3 4 4 5 6. 7 8. 9. 10 10 11 11

A buyer receives merchandise on September 7th that is invoiced for $3,250. The date on the invoice is August 2nd and the terms are 3/15 ROG. How much is due if the buyer pays the bill on September 24th? Answer: A buyer receives the bill for $2,500 of merchandise from a vendor. The date on the invoice is January 15th and the terms are net. How much is due to the vendor and what is the due date? Select one: O a. $2,450 on January 30th b. $2,500 on January 30th c. $2,450 on February 14th d. $2,500 on February 14th Merchandise received on March 2nd with a total quoted cost of $4,000 and transportation costs of $200 was billed on an invoice dated February 6th. The terms on the invoice were 2/10 ROG, FOB Destination, Charges Reversed. How much was due to the vendor if the buyer paid on February 26th? Answer: A buyer receives merchandise on April 2nd that is invoiced for $8,200. The date on the invoice is April 27th and the terms are 2/10 EOM. What is due if the buyer pays by May 15th? Select…

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6. A credit sale of $750 is made on 13 June, terms 2/7, n/30, on which a return of $50 is granted on 16 June. The customer paid the amount owing on 17 June. What amount will the customer pay? a) $700 b) $686 c) $685 d) $650 e) None of the above

A man gets an inyoice for $460 with terms 3/10, 1/15, n/30. How much would he pay 8 days after the invoice dáte? (Round to the nearest cent as needed) The net amount due is $ CoC-oalalala Help Me Solve This Calculator Get More Help - Clear All Check Answer Pearson 2:43 PM P Type here to search 75°F 9/10/2021 DELL prt se home Insert delete backspace 6. 8 9. R Y U D F\ K V pg up alt ctrl

Maplewood Supply received a $5,430 invoice dated 4/15/20. The $5,430 included $330 freight. Terms were one discount, assume date of last discount.) a. If Maplewood pays the invoice on April 27, 2020 what will it pay? Payable amount b. If Maplewood pays the invoice on May 21, what will it pay? Payable amount 4 3 n 10 " (If more than ' 30 60

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