Javiers Groceries purchased merchandise in the amount of $17,400 on September 1, with payment terms...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Javiers Groceries purchased merchandise in the amount of $17,400 on September 1, with payment terms of 2/10, n/30. On September 4, Javier returns $2,400 of the merchandise to seller.
If Javiers pays the remaining amount of the invoice within the discount period, the amount paid should be:
Group of answer choices
a. $14,700
b. $17,052
c. $15,000
d. $15,582
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: Flex AI - Your personal assistant for all your inquiries!