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An invoice for $25,000 dated March 15 with terms 3/10,2/20, n/30 is received in the...

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Accounting

An invoice for $25,000 dated March 15 with terms 3/10,2/20, n/30 is received in the mail on March 17. A payment of $15,000 is made on March 26. What is the outstanding balance?
Question 4 options:
$9550.00
$9700.00
$10,000.00
$10,300.00
$9693.88

Answer & Explanation Solved by verified expert
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