Shamrock Company received an invoice of $27,950 dated February 26, 2015 with payment terms 6/10, 2/20, n/45. a. Calculate the amount required to settle the invoice on March 8, 2015. Round to the nearest cent b. Calculate the amount required to settle the invoice on March 13, 2015. Round to the nearest cent

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Shamrock Company received an invoice of $27,950 dated February 26, 2015 with
payment terms 6/10, 2/20, n/45.
a. Calculate the amount required to settle the invoice on March 8, 2015.
Round to the nearest cent
b. Calculate the amount required to settle the invoice on March 13, 2015.
Round to the nearest cent
71
Transcribed Image Text:Shamrock Company received an invoice of $27,950 dated February 26, 2015 with payment terms 6/10, 2/20, n/45. a. Calculate the amount required to settle the invoice on March 8, 2015. Round to the nearest cent b. Calculate the amount required to settle the invoice on March 13, 2015. Round to the nearest cent 71
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