XYZ Company purchased inventory worth $50,000 on credit terms of 2/10, n/30. Calculate the amount XYZ Company would pay if they settle the invoice within the discount period.

A company purchases merchandise for $23,000. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made, and that payment was made within the discount period, what is the net cost of the merchandise?

ABC had Accounts Receivable of P150,000 at December 1, 2023. The following transactions occurred during December of 2023: December 5-A customer paid P90,000 worth of receivables. December 10-Sold P350,000 worth of goods to XYZ for P500,000 receiving 60% of the bill in cash and the rest to be received at a later time. The terms of the sale is 2/10, n/30. December 15 - XYZ returned P35,000 worth of goods which were billed for P50,000. December 20-XYZ paid the remaining balance. How much was debited/credited to Sales Return and Allowances on December 15? (positive if debited and negative if credited)

The amount of discount to be recorded if the invoice is paid within the discount period on a purchase of goods having a list price of $1,600, subject to a trade discount of 25 percent with terms 2/10, n/30, is a.$24. b.$30. c.$29.40. d.$21. e.$450.