Solved

Merchandise Is Ordered on December 1; the Merchandise Is Shipped

Question 89

Multiple Choice

Merchandise is ordered on December 1; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on December 3; the merchandise is received by the buyer on December 8; the entry is made in the buyer's accounts on December 10. The credit period begins with what date?


A) December 1
B) December 3
C) December 8
D) December 10

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions