Multiple Choice
Merchandise is ordered on November 12; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 15; the merchandise is received by the buyer on November 17; the transaction is recorded in the seller's accounts on November 15.If the credit terms are 1/10, n/30, the discount period begins with what date?
A) November 12
B) November 15
C) November 17
D) November 22
Correct Answer:
Verified
Correct Answer:
Verified
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