Question
a 90- day, 12% note for $20,000, dated September 10, is received from a customer on account. If the note is discounted at 15% on
a 90- day, 12% note for $20,000, dated September 10, is received from a customer on account. If the note is discounted at 15% on October10, the due date is
a. 12/9 b.12/10 c. 12/11 d. 12.8
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
1118738101, 978-1118738108
