Complete the following (If more than one discount, assume date of last discount): (Use Table 11.1) (Assuming February will have 28 days.) http://lectures.mhhe.com/connect/0077639588/Table11.1.jpg

Invoice

Date goods are received

Terms

Last day of discount period

Final day bill is due (end of credit period)

October 11		2/10, 1/30, n/60	(Click to select)July 5Jan. 10June 15Nov. 10Dec. 10	(Click to select)Dec. 10June 15July 5Nov. 10Jan. 10

The invoice date is October 11. The terms are 2/10, 1/30, n/60. If there is more than one discount, assume date of last discount to answer the following questions. 1) What is the last day of discount period. The choices are: July 5, Jan 10, Nov 10, or Dec 10. (2) What is the final day bill is due (end of cred period)? The choices are Dec 10, June 15, July 5, Nov 10, or Jan 10