Bally manufacturing sent intel corporation an invoice for, Ask an Expert

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Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,200 list price. Bally dated the invoice August 02 with 2/10 EOM terms. Intel receives a 20% trade discount. Intel pays the invoice on August 15. On August 1, Intel Corporation returns $200 of the machinery due to defects. What does Intel pay Bally on August 15?

Payable amount $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92727824

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