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An Invoice for $25,000 Dated March 15 with Terms 3/10

Question 198

Multiple Choice

An invoice for $25,000 dated March 15 with terms 3/10, 2/20, n/30, ROG was received in the mail on March 18. The shipment of goods was received on April 3. A payment of $14,000 was made on April 14. How much was credited to the account?


A) $14,280.00
B) $14,420.00
C) $14,432.99
D) $14,285.71
E) $14,000.00

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