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5. Kay Mowing has an invoice for $1,000 dated August 20 with terms n/10, EOM. Answer the following questions about this situation. a) By what

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5. Kay Mowing has an invoice for $1,000 dated August 20 with terms n/10, EOM. Answer the following questions about this situation. a) By what date must the invoice be paid? b) What is the dollar amount of discount if paid by this date? c) When does the credit period end? d) The bill was paid on August 30; how much money was sent? 6. Kay Mowing has an invoice for $837 dated November 5 with terms n/15, EOM. Answer the following questions about this situation. a) By what date must the invoice be paid? b) What is the rate of discount? c) When does the credit period end? d) The bill was paid on November 19; how much money (dollar amount) was sent? Submission Directions: After determining your answers, locate the Office Accounting course in Canvas. Locate the 09 Chapter Module and then locate the Sales Discount Check heading. Click on this link and enter your answers. You will have 15 minutes to enter your answers. Your assignment will receive a grade. Therefore, it is important that you have calculated your answers first

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