SOLUTION: Logan company received from furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on the invoice was $8000 (freight not included). Logan receives a 8/7 chain
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Question 1135230: Logan company received from furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on the invoice was $8000 (freight not included). Logan receives a 8/7 chain discount. Freight charges are Logan’s responsibility, but furniture.com agreed to prepay the $300 freight. What should the Logan company pay furniture.com on November 7th? Answer by ikleyn(52781) (Show Source):
