ABC Corporation Has Received an Invoice for $4,500 with Terms

question 130

Short Answer

ABC Corporation has received an invoice for $4,500 with terms of 3/15, n/50. If ABC pays the invoice on the seventeenth day, the Cash account will be credited for what value?

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Definitions:

Acidic Hydrogen

A hydrogen atom bonded to an electronegative atom, making it easily released as a proton (H+).

AntiAromatic

Refers to a cyclic, conjugated compound with an odd number of pairs of pi electrons that does not follow Huckel's rule, often making it less stable.

π Network

A system of connected π bonds, allowing delocalized electron movement across molecule segments.

Sulfur Atom

A chemical element with the atomic number 16, known for its yellow color and presence in many essential biochemicals and minerals.