Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. gazelle corporation received an invoice dated may

Gazelle Corporation received an invoice dated May 30 with terms 4/15, n/30. The amount stated...

90.2K

Verified Solution

Question

Accounting

Gazelle Corporation

received an invoice dated

May 30

with terms

4/15,

n/30. The amount stated on the invoice was $3259.00.

(a) What is the last day for taking the cash discount?

(b) What is the amount due if the invoice is paid on the last day for taking the discount?

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!
Become a Member

Other questions asked by students

Physics
1.2K views

Which of the following is are not a favorable condition s for the formation of...

Biology
1.2K views

Genetic diversity is is increased by which of the following?Bottleneck EffectMutationFounder EffectGenetic Drift

Physics
1.2K views

35 On a fixed inclined plane two conducting rails are fixed A conducting rod of...

Geometry
1.2K views

13 Given 20 ZQ P is the midpoint of OQ Prove AMOP ANQP M O...

Statistics
1.2K views

Which of the following best describes women s reactions to the product tested Male Female...

Calculus
1.2K views

Use substitution to find the indefinite integral SPCE p p 9 5 dp 5

Accounting
1.2K views

The Arthur Company manufactures kitchen utensils. The company is currently producing well below its full...

Accounting
1.2K views

Wesley Power Tools manufactures a wide variety of tools and accessories. One of its more...

Accounting
1.2K views

LEXAN Problem 9-3A (Part Level Submission) on January 1, 2017, Evers Company perco ue in...

Accounting
1.2K views

Discuss the importance of why global supply chain management is so important to a company's...

Finance
1.2K views

MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The following table shows the average returns for...

Finance
1.2K views

QUESTION 1 1.1 Briefly describe the concept of Al Rahn Financing and how the concept...