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Merchandise is ordered on November 11; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on
Merchandise is ordered on November 11; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 12; the merchandise is received by the buyer on November 13; the entry is made in the buyer's accounts on November 14.
The credit period begins with what date? |
a. | November 13 | |
b. | November 11 | |
c. | November 14 | |
d. | November 12 |
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