Find the Discount Date, the Due Date, and the Complement

question 43

Short Answer

Find the discount date, the due date, and the complement rate. Use the complement method to find the remittance if the required remittance is paid within the discount period.Evelyn Haynes Brown is a management consultant who recommended to a client that the client try offering cash discount terms of 0.5/15, net 25. The first invoice prepared under the new plan was for $890 and was dated November 1. Of the total, $48 was for freight and another $214 worth of merchandise was quickly returned.
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