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    Exam 8: Financial Reports and Procedures
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    The Terms on an Invoice Dated March 10 Are 2/10
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The Terms on an Invoice Dated March 10 Are 2/10

Question 16

Question 16

Multiple Choice

The terms on an invoice dated March 10 are 2/10, net 30. The invoice total is $3,000. What is the amount to be paid after taking any allowed discount if the invoice is paid on March 16?


A) $2940
B) $2960
C) $3000
D) none of the above

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