Cash and Discount. Villora Corp. received an invoice dated on November 2nd with an amount of...
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Cash and Discount. Villora Corp. received an invoice dated on November 2nd with an amount of $4,700.00. The terms on the invoice are 5/10, n/30; and Villora Corp. paid $1,500.00 on November 10th. What is the outstanding balance owned on the invoice? O a. $3,296.00 O b. $2,965.00 Oc $3,125.00 Od. $3,121.05 Cash and Discount. Villora Corp. received an invoice dated on November 2nd with an amount of $4,700.00. The terms on the invoice are 5/10, n/30; and Villora Corp. paid $1,500.00 on November 10th. What is the outstanding balance owned on the invoice? O a. $3,296.00 O b. $2,965.00 Oc $3,125.00 Od. $3,121.05
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Discount Period Discount period given in the question shows like 510 n30 that means if the cred... View the full answer
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
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