Klem Corp. makes a $1,000 sale to a customer with terms of 2/15.n/45. The customer...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Klem Corp. makes a $1,000 sale to a customer with terms of 2/15.n/45. The customer the returns $200 of the merchandise. If the customer pays Klem within the discount period, what is the total amount that the customer will remit to Klem Corp. in full payment of its account? The answer is $ 784 but could you please give detailed solution for how to calculate the answer? Thank you very much sir!
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!
