Custom Kitchens Received an Invoice Dated November 17 from Idea

question 243

Short Answer

Custom Kitchens received an invoice dated November 17 from Idea Cabinets Ltd. for $7260 with terms 3/15, 1½/30, n/60. If Custom Kitchens made a payment of $4000 on December 2, what further payment on December 16 will settle the account?

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Definitions:

High-Speed Link

A communication connection that allows for rapid data transfer between devices or systems.

SERCOS Standard

An open standard for data exchange between drives and controls in industrial applications, facilitating real-time communication.

Field Devices

Equipment such as sensors, valves, actuators, and transmitters located in the physical area being monitored or controlled.

Fieldbus Communication System

A network system for industrial control systems used to connect and communicate with field devices like sensors and actuators.