In: Accounting
You received invoices from Cisco Industries dated May 8th for $1,500, May 19th for $4,000, and June 1st for $2,500. You have also made payments of $1,200 on May 27th and $1,800 on May 30th. What total amount must be paid on June 5 th to settle the remaining balance on all the invoices with terms 2/10, n/30?
Please can I get a clear and easy solution so I can understand thank:)