An invoice of $1,000 for merchandise purchased is showing 3/15. n/30 as terms of credit. If the
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Question:
An invoice of $1,000 for merchandise purchased is showing 3/15. n/30 as terms of credit. If the invoice is paid on or before the fifteenth day, the amount to be paid is _______.
a). $827
b). $970
c). $800
d). $824
Expert Answer:
The amount to be paid is 970 Solution On the terms of credit 315 means that th... View the full answer
Related Book For 
Business Law and the Legal Environment
ISBN: 978-1285860381
7th edition
Authors: Susan S. Samuelson, Jeffrey F. Beatty
Posted Date:
