Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2. an invoice for $ 10, 890.90 is dated february 2

2. An invoice for $ 10, 890.90 is dated February 29th, 2020 with payment terms...

60.1K

Verified Solution

Question

Accounting

2. An invoice for $ 10, 890.90 is dated February 29th, 2020 with payment terms of 3/15, 21/2/30, 1/ 40, n/60 is received. On March 31st, 2020, the business remits a payment of $5,000. What does this payment get credited as?show caculation by BAII plus calculator.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

SDS-Page Questions : Please answer all questions & explain. 1.Can I use SDS- page to diagnosis the...

Biology
Q

You decide to dilute a broth culture by making a series of four 1:100 dilutions. You...

Biology
Q

1) How are symptoms of heart disease detected and why? 2) List and describe three common...

Medical Sciences
Q

A cylindrical copper rod of length 1.60 m and cross-sectional area 7.10 cm^2 is insulated to...

Physics
Q

How will you get a new template in MS Word 2013

Biology
Q

Problem 24 If the path difference produced due to interference of light coming out of...

Physics
Q

3 5 m I y lengths for the similar triangles below 10 5 m 13...

Basic Math
Q

Question 4 0 5 points Listen Use the definition of the derivative to determine f...

Calculus
Q

4. Find the vertical and horizontal asymptotes of the graph of each rational function. Indicate...

Algebra
Q

On January 1, 2021, Warner Corporation has 1,000 common shares outstanding. On February 15, 2021,...

Accounting
Q

FOLEO FONES CASE STUDY - Chapters 12&13: Assume you are the management accountant for the...

Accounting
Q

$19,400. Below is a table for the present value of $1 at Compound interest. Below...

Accounting