An invoice for $2365 was dated February 25 and had terms of payment l}/10, EOM. A payment
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An invoice for $2365 was dated February 25 and had terms of payment l}/10, EOM. A payment on March 9 resulted in a credit to the account of $1421.32. What was the amount of the payment?
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The invoice has terms 110 EOM which means that the buyer can take a 1 discount on the invoice total ...View the full answer
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