Leno Company sells goods to the Fallon Company for​ $11,000. It offers credit terms of​ 3/10, n/30.

3 answers
Question:

Leno Company sells goods to the Fallon Company for​ $11,000. It offers credit terms of​ 3/10, n/30. If Fallon Company pays the invoice within the discount​ period, Leno Company will record a debit to Cash in the amount​ of:

Answers

the amount that debited to the cash account is $10,670

Explanation:

The computation of the amount that debited to the cash account is shown below:

= Account receivable - discount allowed

= $11,000 - $11,000 × 3%

= $11,000 - $330

= $10,670

Hence the amount that debited to the cash account is $10,670

We simply applied the above formula so that the correct value could come

And, the same is to be considered

answer; ///usually the ( irs ) selects returns that are the most likely have errors,based on complex criteria;

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

Similar Solved Works

4 answers

A) How many stems and leaves would a stem-and-leaf plot of 20 data points from 10-59 have?

A) How many stems and leaves would a stem-and-leaf plot of 20 data points from 10-59 have?...
12 answers

Is the following sentence written correctly? I went to the store, and bought candy.

Is the following sentence written correctly? I went to the store, and bought candy....
3 answers

1. Based on the chapter “The kingdom Of Fools” prepare a cartoon based comic story with dialogues of all characters.2.

1. Based on the chapter “The kingdom Of Fools” prepare a cartoon based comic story with dialogues of all characters. 2. Prepare the Mind Map of the chapter “Happy Prince”.3. Using scrap materials, prepare a musical instrument of your choice. Find out the name of the inventor, Make a colourf...
4 answers

OR1.7.2 Explain how the relevant strategy can be helpful if you are grieving lossof a loved one, also give an example of your explanation​

OR 1.7.2 Explain how the relevant strategy can be helpful if you are grieving lossof a loved one, also give an example of your explanation​...
10 answers

What is the easiest science working model that will satisfy the teacher(any subject- chmestry, make

What is the easiest science working model that will satisfy the teacher(any subject- chmestry, make sure to tell me how to make it....
7 answers

Write a paragraph contrasting the values of the working animals and the values of napoleon

Write a paragraph contrasting the values of the working animals and the values of napoleon and the pigs. use evidence from the story so far to support your ideas....
12 answers

In class we talked about the formation of VLDL lipoproteins in the liver. The assembly of VLDL particles within the liver involves

In class we talked about the formation of VLDL lipoproteins in the liver. The assembly of VLDL particles within the liver involves a protein called microsomal triglyceride transfer protein (MTP), which is essential for the assembly of apolipoprotein B (apo-B) containing lipoproteins. Known inhibitio...
10 answers

Both the Merrimack and the Monitor were

Both the Merrimack and the Monitor were...
3 answers

I need help ASAP. 25 Pointsss

I need help ASAP. 25 Pointsss [tex]I need help ASAP. 25 Pointsss[/tex]...
3 answers

Developed an automated program in any language which take 12 dependent variable and corresponding independent variables and show the output

Developed an automated program in any language which take 12 dependent variable and corresponding independent variables and show the output of least square regression in a form of relations....
2 answers

Which of the following is not a position taken by structural linguists?

Which of the following is not a position taken by structural linguists?...
3 answers

Arnold is testing a new train locomotive on circular rail track with a radius of 0.9 kilometers. How many times around the

Arnold is testing a new train locomotive on circular rail track with a radius of 0.9 kilometers. How many times around the track does Arnold need to run the train to cover a distance of at least 50 kilometers?...
3 answers

The interior design scenarios are listed below. a. sweet master suite b. the greatest great room c. marvelous multipurpose

The interior design scenarios are listed below. a. sweet master suite b. the greatest great room c. marvelous multipurpose room type the letter of the scenario you chose. c b a...
8 answers

How do you find the x-intercepts and y-intercepts of trinomials. e. g.(x^2-10x+25) how do you find the x-intercepts and y-intercepts

How do you find the x-intercepts and y-intercepts of trinomials. e. g.(x^2-10x+25) how do you find the x-intercepts and y-intercepts of trinomials. e. g.(x^2-10x+25)...
3 answers

A student winds a strip of paper eight times round a cylinderical pencil of diameter 7mm. Use the value 22/7 for the to find

A student winds a strip of paper eight times round a cylinderical pencil of diameter 7mm. Use the value 22/7 for the to find the length of the paper( ignore the thickness of the paper)...
11 answers

What is the volume of the following rectangular prism?Sun2 units7units?Volume =units

What is the volume of the following rectangular prism? Sun 2 units 7 units? Volume = units...
2 answers

Dae opens a credit card with an apr of 19.49% compounded monthly. how much is charged in interest this

Dae opens a credit card with an apr of 19.49% compounded monthly. how much is charged in interest this month if her balance is $1250?with steps....
3 answers

There are 270 sixth grade students and 45 chaperones going on a field trip. how many students will be with each chaperone

There are 270 sixth grade students and 45 chaperones going on a field trip. how many students will be with each chaperone if the groups are divided equally?...
3 answers

How should soil samples be stored? in envelopes in plastic film canisters in paper bags in plastic bags

How should soil samples be stored? in envelopes in plastic film canisters in paper bags in plastic bags...
3 answers

Emily and Tammy each opened checking accounts on the same day, intending to withdraw money for weekly expenses. Emily opened

Emily and Tammy each opened checking accounts on the same day, intending to withdraw money for weekly expenses. Emily opened her account with $710 and withdrew $35 per week. Tammy opened her account with $570 and withdrew $25 weekly. In how many weeks, w, will their account balances be equal? Group ...

-- 0.054552--