Solved: A purchase invoice for 15500 terms 210 n30 fob shipping, Finance Basics

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A purchase invoice for 15500 terms 210 n30 fob shipping

A purchase invoice for $15,500, terms 2/10, n/30, FOB shipping point, is paid within the discount period.Transportation costs of $700 have been prepaid by the seller. The perpetual inventory system is used...

What is the amount of discount?

The total amount the buyer owes the seller is?

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Finance Basics: A purchase invoice for 15500 terms 210 n30 fob shipping

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Finance Basics: A purchase invoice for 15500 terms 210 n30 fob shipping

Reference No:- TGS01549460

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