Solution-Find the amount remitted and the total amount paid

Find the amount remitted and the total amount paid

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Reference no: EM131621733

Question: 1. An invoice for $5,298 has terms of 3/10 ROG and is dated March 15. The merchandise is received on March 20. How much should be paid if the invoice is paid on March 25?

2. An invoice for $1,200 is dated on June 3, and terms of 3/10, n/30 are offered. A payment of $800 is made on June 12, and the remainder is paid on July 12. Find the amount remitted on July 12 and the total amount paid.

Reference no: EM131621733

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Find the amount remitted and the total amount paid

Reference no: EM131621733

Reference no: EM131621733

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