Answer to Question #215806 in Accounting for zuby

Question #215806

What is the last payment date on which the cash discount can be taken on goods sold on March 5 for USD 51,200; terms 3/10/EOM, n/60? Assume that the bill is paid on this date and prepare the correct entries on both the buyer's and seller's books to record the payment.


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2021-07-12T15:55:18-0400

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