What payment should be made on an invoice for $500 dated November 16, carrying terms 4/10, net 30?
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What payment should be made on an invoice for $500 dated November 16, carrying terms 4/10, net 30?
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- How do you find the amount of payment to be credited and the balance outstanding when you know the amount of invoice is $600, the terms are 4/10 and n/60, the invoice date is 7/5, the actual partial payment made is $400, and the date of partial payment is 7/14?K An invoice is dated June 18 with terms 3/10-50 ex. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is The net payment date is June July ▼ ▼ CHE9. Which of the following is recorded upon receipt of a payment on April 7, 2021, by a customer who pays a $900 invoice dated March 3, 2021, with terms 2/10, n/60? A. Debit Sales Discounts $18. B. Credit Purchase Discounts $18. C. Credit Accounts Receivable $882. D. Debit Cash $900.
- What amount must be remitted if invoices dated June 28 for $815, July 7 for $780 and July 14 for $895, all terms 2/10 EO.M., are paid together on August 7? Round to the nearest cent -> SAVE P 3°C hpCan the 10,000 note be repaid on May 1? Explain.Calculate the credit given for the partial payment and the net amount due on the invoice (in $). (Round your answers to the nearest cent.) Amount ofInvoice Terms ofSale PartialPayment Credit forPartial Payment NetAmount Due $8,303.00 2/10, n/30 $2,400 $ $
- What payment on January 31, 2014 will settle an invoice for $3,500 dated January 27, 2014 and payment terms 3/10 E.O.M.? Round to the nearest centWhat amount must be remitted if invoices dated June 28 for $815, July7 for $780 and July 14 for $895, all terms 2/10 E.O.M., are paid together on August 7? Round to the nearest cent SAVE PROG 9°C hpAn invoice is dated may 22 with terms 4/18 EOM, Assuming the net date is 20 days after discount date. What is the discount trade and the net date
- How much will be the amount to be paid on July 15 of the same year in payment of an invoice dated June 5, amounting to P41,500.00 with terms 5/10, 3/30, n/60?The invoice date for a bill is July 27 with the terms 4/10 EOM. The amount due on the invoice is $323.80. If the bill was paid on September 9, determine the amount due. A.$323.80 B.$291.42 C.$310.85 D.$336.701. What are all the journal entries? 2. How muh is the interest expense in 20x2? 3. How much is the carrying amount of the note in dec. 31, 20x1?