Question: An invoice for $37,650 is dated June 24 with terms of 2/10, 1/30, ROG. Merchandise is received on June 29. If a payment of $20,000

  1. An invoice for $37,650 is dated June 24 with terms of 2/10, 1/30, ROG. Merchandise is received on June 29. If a payment of $20,000 is made on July 5 and another payment of $10,000 is made on July 26, what is the balance remaining on the invoice? Assume all payments are received on the dates indicated.

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