Belpre, Inc. owes $90,000 to William's Drones Co. for inventory acquired with terms of 3/15, n/30.
a. How much will Belpre, Inc. pay if payment is made within the discount period?
b. What transaction will Belpre, Inc. record on November 30, the company's fiscal year end, if the invoice is dated November 28 and payment will be made on December 12?

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The Answer of Belpre, Inc. owes $90,000 to William's Drones Co. for inventory acquired with terms of 3/15, n/30.
a. How much will Belpre, Inc. pay if payment is made within the discount period?
b. What transaction will Belpre, Inc. record on November 30, the company's fiscal year end, if the invoice is dated November 28 and payment will be made on December 12?