An invoice is dated may 22 with terms 4/18 EOM, Assuming the net date is 20 days after discount date. What is the discount trade and the net date
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An invoice is dated may 22 with terms 4/18 EOM, Assuming the net date is 20 days after discount date. What is the discount trade and the net date
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- An invoice is dated October 24 with terms of 4/18 EOM. Assuming the net date is 20 days after the discount date, find the following. (a) What is the discount date? ---Select--- January February March April May June July August September October November December (b) What is the net date? ---Select--- January February March April May June July August September October November DecemberHow do you find the date goods received, last day of the discount period, and end of credit period when the invoice date is April 10 and the terms are 2/10, 1/30, and n/60?How do you find the date goods are received, last day of discount, and end of credit period when the invoice is November 27 and the terms are 2/10 EOM?
- Using the ordinary dating method, calculate the discount date and net date for the following transaction date of invoice April 23 terms of sale 3/15,n/60??You purchase goods on an invoice dated July 27 with terms of 3/10 EOM. Determine (a) the last day of the discount period, and (b) the last day of the credit period.Suppose a firm makes a purchase and receives the shipment on February 1.The terms of trade as stated on the invoice read “2/10, net 40, May 1 dating.”What is the latest date on which payment can be made and the discount stillbe taken? What is the date on which payment must be made if the discountis not taken?
- The terms of an invoice are 3/10, n/30 E.O.M. The invoice date is April 10. The last date on which the discount can be taken is: Select one: O a. April 30 O b. April 20 O c. May 30 O d. May 10You purchase goods on an invoice dated July 5 with terms of 4/15, n/45 ROG. If you receive the goods on July 23, calculate (a) the last day of the discount period, and (b) the last day of the credit period.K An invoice is dated June 18 with terms 3/10-50 ex. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is The net payment date is June July ▼ ▼ CHE
- Use the ordinary dating method, calculate the discount and the net date for the transaction. date of invoice terms of sale discount dates new date october 11 3/20, n/45Using the ordinary dating method, calculate the discount date and the net date for thefollowing transactions.Date of Invoice Terms of Sale Discount Date(s) Net Date13. January 29 2/10, 1/20, n/60Using the EOM, ROG, and Extra dating methods, calculate the discount date and the net date for the transaction. Unless otherwise specified, the net date is 20 days after the discount date. Date of Invoice Terms of Sale Discount Date Net Date February 13 2/10, 60 Extra