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Using the Dating Method, Calculate the Discount Date and the Net

Question 139

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Using the dating method, calculate the discount date and the net date. Unless otherwise specified, the net date is 20 days after the discount date:  Date of Invoice  Terms of Sale  Discount Date  Net Date October 153/15,3/20,ROG Received Nov 25\begin{array} { l l l l } \text { Date of Invoice } & \text { Terms of Sale } & \text { Discount Date } & \text { Net Date } \\\text {October 15}& 3 / 15 , 3 / 20, \mathrm{ROG}\\\text { Received Nov } 25 \end{array}

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