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Apple Co sells merchandise on credit to Zea Co in the amount of P8,000. The invoice is dated on September 15 with terms 1/15, net
Apple Co sells merchandise on credit to Zea Co in the amount of P8,000. The invoice is dated on September 15 with terms 1/15, net 45. What is the amount of the discount and up to what date must the invoice be paid in order for fhe buyer to take advantage of the discount?
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