An invoice dated November 6 in the amount of $38929 with terms of 2%2/10, 1/15 ROG, 2% penalty per month is received by Cargill Limited from Agricore United. The wheat shipment is received on December 2. Cargill Limited made a partial payment of $15,000 on December 10. What amount should Cargill pay to clear its invoice on December 13? Select one: a. $22838.05 b. $23073.49 c. none d. $23308.94

An invoice dated November 6 in the amount of $38929 with terms of 2%2/10, 1/15 ROG, 2% penalty per month is received by Cargill Limited from Agricore United. The wheat shipment is received on December 2. Cargill Limited made a partial payment of $15,000 on December 10. What amount should Cargill pay to clear its invoice on December 13? Select one: a. $22838.05 b. $23073.49 c. none d. $23308.94

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 12EA: Scrimiger Paints wants to upgrade its machinery and on September 20 takes out a loan from the bank...

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