If sold inventory had cost 1500 for 2750 on a account under terms 2y10, ny45

To calculate the account balance for the sold inventory with terms 2y10, ny45, we need to understand the terms mentioned.

The terms "2y10" represent a cash discount percentage and a time period, while "ny45" stands for the net due within 45 days.

Here's how you can calculate the account balance:

1. Start with the cost of the inventory, which is $1500.
2. Calculate the cash discount available within the given time period. In this case, the cash discount percentage is 2% and the time period is 10 days. Multiply the cost by the cash discount percentage to get the cash discount amount: $1500 x 0.02 = $30.
3. Subtract the cash discount from the cost to find the net amount due: $1500 - $30 = $1470.
4. Add any other charges or fees, if applicable, to the net amount due. In this case, there are none mentioned.
5. Determine the due date by counting the number of days from the invoice date. In this case, it is specified as net due within 45 days.
6. Calculate the account balance by adding any interest or late payment charges, if applicable, to the net amount due. In this case, there are none mentioned.

Therefore, the account balance for the sold inventory would be $1470, assuming no additional charges or fees are involved.