Asked by Kik

Ned's Sheds purchase building materials from Timbertowm Lumber for $3,700 with terms of 4/15, n/30. The invoice is dated October 17. Ned's decides send in a $2,000 partial payment.

Question 1: What is the net date?

Question 2:If partial payment was sent by the discount date, what is the balance still due on the order?

11 years ago