Gross invoice (includes freight): $1,000
Freight: $100
Date of invoice: 8/11
Terms: 2/10, 1/15, n/30
Date of payment: 8/30
Discount: (A)
Net Price: (B)

Name: Gross invoice (includes freight): $1,000 Freight: $100 Date of invoice: 8/11 Terms: 2/10, 1/15, n/30 Date of payment: 8/30 Discount: (A) Net Price: (B)
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

Since the payment wasn't in either the first or second discount periods, there is in discount. Thus, the discount is $0, and the Net Price is $1,000.

Gross Invoice (Includes Freight): $1,000