Find the amount credited to the account and find the


?a) An invoice for a laptop computer that cost $625.68 is dated September 15, with sales terms of 3/10 EOM. If the bill is paid October 8, find the cash discount and net amount paid. Round to the nearest cent.

b) An invoice for $8630, dated October 5, was received by a company with the terms 5/15 EOM. A decision was made to make a partial payment of $400 on November 2. Find the amount credited to the account and find the outstanding balance.? Round to the nearest cent.

Request for Solution File

Ask an Expert for Answer!!
Risk Management: Find the amount credited to the account and find the
Reference No:- TGS02333875

Expected delivery within 24 Hours