Question
3. Ch4. Cash Discount/Dating Terms (2.5pts). Using the information given in the table, find cash discount due date. ****Note: We are using 30 day
3. Ch4. Cash Discount/Dating Terms (2.5pts). Using the information given in the table, find cash discount due date. ****Note: We are using 30 day month method where all months are considered to have 30 days only to make calculation easier. Do not use an actual calendar to count discount due dates. Show your work/equation in the table. Invoice Date Receipt Date Dating Terms Feb. 6 Feb. 11 3/10, n/30 Aug. 18 Aug. 29 3/10 ROG July 10 July 15 8/10 EOM Oct. 15 Oct. 20 6/10-30X July 5 July 23 6/10 as of October 1 I Cash Discount Due Date
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