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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Definitions:

Cortex

In plants, the layer of tissue between the vascular bundle and the epidermis in stem and root; in the brain, the outer layer of neural tissue.

Casparian Strips

A band of cell wall material found in the endodermal cells of plant roots, blocking the passive flow of substances into the plant's vasculature.

Endodermis

The innermost layer of cells in the cortex of plants, serving as a selective barrier that regulates the passage of substances from the soil into the vascular cylinder.

Epidermis

The outermost layer of cells in plants and animals, providing protection against environmental factors.