On July 1, a company receives an invoice for $800 with the terms 1/10, net 30. On July 15, the payment should be:

A. $692

B. $790

C. $792

D. $800

E. $808

Answer

Hi, I'd be happy to help you with your question. Based on the given information, on July 1, a company receives an invoice for $800 with the terms 1/10, net 30. We need to determine the payment on July 15.