An Invoice Amount for $4,090

question 33

Short Answer

An invoice amount for $4,090.72 has the terms 2/15, n/30. There are $135 in freight charges included in the invoice. $346.24 in merchandise is returned and the invoice is paid within the discount period. What is the net amount due?

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Definitions:

Birth Order

The chronological order of sibling births in a family, which is often believed to influence personality and behavior.

Neurotic Needs

These needs are excessive compulsions that individuals develop to deal with anxiety but ultimately lead to unhealthy behaviors or attitudes, as identified by psychoanalyst Karen Horney.

Trait Approach

A perspective in psychology that theorizes personality is comprised of broad, consistent behaviors or dispositions called traits, which this approach aims to identify and measure.

Heredity

The transmission of physical or mental traits from one generation to the next through genetics.