Solved

If an Invoice Is Dated April 25 and Has Credit

Question 15

Multiple Choice

If an invoice is dated April 25 and has credit terms of 3 / 15, N / 45, what is the last date on which the net amount of the invoice can be paid without incurring a penalty?


A) June 12
B) June 11
C) June 10
D) June 9

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents