Question: On April 18 2014 Bontanica Company a garden retailer purchased

On April 18, 2014, Bontanica Company, a garden retailer, purchased $9,800 of seed, terms 2/10, n/30, from Whitetail Seed Co. Even though the discount period had expired, Shelby Davey subtracted the discount of $196 when he processed the documents for payment on May 1, 2014.
Discuss whether Shelby Davey behaved in a professional manner by subtracting the discount, even though the discount period had expired.

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  • CreatedFebruary 28, 2014
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