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Author Question: Happy Valley, Inc. has received an invoice for $6,500 with terms of 3/15, n/45 and uses the net ... (Read 67 times)

fox

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on: Feb 18, 2020
Happy Valley, Inc. has received an invoice for $6,500 with terms of 3/15, n/45 and uses the net method to record purchases. If Happy Valley pays the invoice on the seventeenth day, Accounts Payable will be:
◦ credited for $195.
◦ debited for $6,305.
◦ credited for $6,305.
◦ credited for $6,500.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by fox on Feb 18, 2020

laurnthompson

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fox

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Reply 2 on: Feb 18, 2020
Excellent

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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