Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,500 list price. Bally dated the invoice August 5 with 3/10 EOM terms. Intel receives a 20% trade discount. Intel pays the invoice on August 18. On August 14, Intel corporation returns $500 of the machinery due to defects. 

What does intel pay bally on august 18.

Answer rating: 100% (QA)

Step 1 Calculate the net price after the trade discount The trade discount is 20 of the ... View the full answer