Question: 11. Given the information currently in the system as below, will credit be granted or denied for ABC Corporation's current order? Show the calculation steps

11. Given the information currently in the system

11. Given the information currently in the system as below, will credit be granted or denied for ABC Corporation's current order? Show the calculation steps to support your answer. (6 marks) SITUATION 2 Background data Today's date 773/13 Current list price, NRG-A $1.50/bar Current list price, NRG-B 51.00/bar Accounts receivable balance at start of business day, KLM Corporation 56,000 Creot limit, KLM Corporation $8.000 Current order Product NRG-B Amount 5 cases (1,440 burs) Price List Ship to KLM headquarters Date desired 7/8/13 Next invoice number A1200 Documents in wystem Purchase order KLM 82332 for three cases (864 bars) of NRG A. This order is in the sales order entry program, but it has not been transferred to the accounting program (thus, Accounting does not yet know about this sale)

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