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EOM Dating: Be sure to pay attention to the days ( discount & net ) within the terms. When entering dates, state as: Month Day
EOM Dating:
Be sure to pay attention to the days discount & net within the terms. When entering dates, state as: Month Day eg January Do NOT abbreviate the month.
Be sure to enter a $ sign and show two decimal places.
As a buyer for the Tiger Apparel Store, you receive an invoice with terms of EOM, net The invoice amount is $ and is dated April
A What is the last day to take advantage of the cash discount?
B When is the net amount due?
C What is the $Cash Discount if paid on June
D What is the amount due if paid on July
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