What payment should be made on an invoice in the amount of \$3,400 dated August 7 if the terms of sale are 3/15, 2/30, n/45 and the bill is paid on August 19

1. 👍 0
2. 👎 0
3. 👁 633
1. shellehy you need to answer question you have more than one post that has not been answered

1. 👍 0
2. 👎 0
2. august 7th to august 19th that date the bill was paid.

subtract 19-7, which equals 12 days.

terms are 3/15, 2/30/ and n/45.

3 percent x \$3400=?

1. 👍 0
2. 👎 0

## Similar Questions

1. ### Accounting

The rent payment made on June 17 was for June, July, August and September. Expense the amount associated with one month's rent.

2. ### Mathematics

An invoice is dated January 24 with terms 2/10 – 20x. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is 2/23. The net payment date is

3. ### bussiness math

Find the net date for an invoice dated August 7, with terms 4/20, 50 Extra. (Points : 2)

4. ### math

Vail Ski Shop received a \$1,201 invoice dated July 8th wiht 2/10, 1/15, n/60 terms. On July 22, Vail sent a \$485 partial payment. What credit should Vail receive? What is Vail's outstanding balance?

1. ### Math

1. An invoice is dated August 29 with terms of 4/15 EOM. What is the discount date? 2. What is the net date for the scenario in the previous question?

2. ### Math:Finance

What amount must be remitted if the following invoices, all with terms 4/10, 2/30, n/60, are paid on May 10? \$850 less 20%, 10% dated March 21 \$960 less 30%, 16 2/3% dated April 10 \$1040 less 33 1/3%, 25%, 5% dated April 30

3. ### Math

1. Ned’s Sheds purchases building materials from Timbertown Lumber for \$3,700 with terms of 4/15, n/30. The invoice is dated October 17. Ned’s decides to send in a \$2,000 partial payment. By what date must the partial payment

I am trying to figure this out. I know I am not right. I was looking for some help on how to get the proper answer. Morgan Company received from Lee Company an invoice dated September 27. Terms were 2/10 EOM. List price on the

True Value received an invoice dated 4/28/12. The invoice had a \$5,700 balance that included \$600 freight. Terms were 5/10, 4/30, n/60. True Value pays the invoice on May 12. What amount does True Value pay?

2. ### math

average daily balance . find the credit card finance charge for the month of august (31 days) the annual interest rate is 18% July 31 balance \$510 August 9 charge \$86 August 10 payment \$390 August 22 charge 147 August 27 charge