An invoice in the amount of $600.00 for merchandise purchased is shown with a 4/10,n/30 discount.To get the discount,the amount to pay on or before the tenth day is:
A) $552.50.
B) $540.25.
C) $576.00.
D) $600.00.
Correct Answer:
Verified
Q28: Freight out is an addition to the
Q29: What is a purchase return?
A) A return
Q30: A purchase return of goods purchased on
Q31: Which of the following is TRUE about
Q32: What is freight in?
A) Transportation costs to
Q34: In the credit terms of 2/10,n/30,what does
Q35: A company uses the perpetual inventory method.Which
Q36: Which of the following means that the
Q37: The terms on an invoice are 3/10,n/25.This
Q38: An invoice is dated April 28 for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents