Solve for the amount of discount and amount due.
-Invoice amt: $642.39
Invoice date: Sept 11
Terms:
Goods rec'd: Sept 14 Date paid: Nov 12
A)Amount of discount: $0; amount due: $642.39
B)Amount of discount: $89.93; amount due: $552.46
C)Amount of discount: $18.97; amount due: $631.39
D)Amount of discount: $19.27; amount due: $623.12

Question

Solve for the amount of discount and amount due.
-Invoice amt: $642.39
Invoice date: Sept 11
Terms: 
Goods rec'd: Sept 14 Date paid: Nov 12
A)Amount of discount: $0; amount due: $642.39 
B)Amount of discount: $89.93; amount due: $552.46 
C)Amount of discount: $18.97; amount due: $631.39 
D)Amount of discount: $19.27; amount due: $623.12

Quizplus · Accepted Answer

The invoice was paid after the due date, which means there was no discount applied, and the full amount of $642.39 is due. The terms "11ebb7d6_6d97_a0c2_ad4c_9fada2e41ac3_TB8285_11" do not provide any information about the discount offered or the due date. Since the invoice was paid after the due date, there may have been late fees or interest charges, but the question only asks for the amount of discount and amount due. Therefore, without any information about a discount, the answer is A, which indicates there was no discount and the full amount of the invoice ($642.39) is due.

Solve for the Amount of Discount and Amount Due