Answer:
The amount of cash required for payment within the discount period is $14454.
Explanation:
The account payables were due for 16800 after the purchase. When thegoods are returned, the accounts receivables fall by 2200 and the new balance becomes 16800 - 2200 = $14600.
The discount term states that if payment is made within the next 10 days of purchase, a 1% discount can be availed (1/10).
If the payment is made in discount period then discount received will be,
Discount received = 14600 *1% = $146
The cash required for payment will be 14600 - 146 = $14454
The answer is letter B.
An image of your house key is not an example of of a biometric check.
Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
<h3>What is the 50-30-20
budget method?</h3>
The 50-30-20 approach that is often used in budgeting is known to be one one the of the simplest and very straight way in the aspect of money management options.
Note that this ideal is often made for those who need to form a budget but they are said to not possess the time or the patience to be able to keep track of their spending in a well detailed manner.
The ways is that one need to spend 50 percent of their after-tax pay on needs, 30 percent in regards to wants, and the last 20 percent in regards to savings or paying off any kind of debts.
Hence, Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
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