Question: Find the discount date and net payment date. (The net payment date is 20 days after the final discount date.) Invoice date: Nov 19 Terms:


Find the discount date and net payment date. (The net payment date is 20 days after the final discount date.) Invoice date: Nov 19 Terms: 3/12 ROG Goods received: Dec 13 A. Discount date: Dec 25; net payment date: Jan 14 B. Discount date: Dec 12; net payment date: Jan 12 C. Discount date: Jan 19; net payment date: Jan 30 D. Discount date: Dec 25 ; net payment date: Jan 15 Solve for the amount of discount and amount due. Invoice amt: $414.23 Invoice date: Sept 16 Terms: 2/13 EOM Goods rec'd: Sept 19 Date paid: Nov 11 A. Amount of discount: $8.08; amount due: $403.23 B. Amount of discount: $53.85; amount due: $360.38 C. Amount of discount: $8.28; amount due: $405.95 D. Amount of discount: $0.00; amount due: $414.23
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