b. Determine the final discount date and net payment date for the following table: Invoice date Terms Date Goods Receive

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B Determine The Final Discount Date And Net Payment Date For The Following Table Invoice Date Terms Date Goods Receive 1 (29.41 KiB) Viewed 57 times

b. Determine the final discount date and net payment date for the following table: Invoice date Terms Date Goods Received May 14 Invoice Amount $2,500 . 3/20 ROG Invoice Date Jan. 25 June 2 Terms 20 4/18 EOM Final Discount Date Net Payment Date may 30720-50 Finish one 15+20=35 finish may 50-30=20 June 35-30-5 July 5 Date Invoice Paid Feb. 13 Amount of Amount Due Discount 2,500x Remember that the net payment date is always 20 days after the net payment date. If the day on the invoice date is greater than 25, then you must use the month after the following month.