An invoice, with payment terms of 5/10, n/30, was issued on April 28, for $235. If the payment was made on May 12, the amount of payment will be:
A)$235.00.
B)$211.50.
C)$223.25.
D)$230.00.

Name: An invoice, with payment terms of 5/10, n/30, was issued on April 28, for $235. If the payment was made on May 12, the amount of payment will be: A)$235.00. B)$211.50. C)$223.25. D)$230.00.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

The payment was made after the discount period of 10 days, so the full invoice amount of $235.00 is due.

An Invoice, with Payment Terms of 5/10, N/30, Was Issued