Question

What is the purpose of the line item "Balance Due at Settlement" on a buyer's order?

(A) To specify the amount of money that the buyer must pay to the seller after all discounts and deductions have been applied.
(B) To indicate the total amount of the order, including all taxes and shipping charges.
(C) To identify the specific products or services that the buyer is ordering.
(D) To list the payment terms for the order.

Answer 1

The purpose of the line item 'Balance Due at Settlement' on a buyer's order is to specify the amount of money the buyer needs to pay to the seller after discounts and deductions.

Step-by-step explanation:

The line item 'Balance Due at Settlement' on a buyer's order is used to specify the amount of money that the buyer must pay to the seller after all discounts and deductions have been applied.