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.Lakewood Resorts buys canned food on terms of 1/5, net 45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. On July 5, Lakeside Resorts returned cans worth $74.20 because they were damaged.

Question

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.Lakewood Resorts buys canned food on terms of 1/5, net 45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. On July 5, Lakeside Resorts returned cans worth $74.20 because they were damaged.
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Quizplus · Accepted Answer

The Answer of 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.Lakewood Resorts buys canned food on terms of 1/5, net 45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. On July 5, Lakeside Resorts returned cans worth $74.20 because they were damaged.
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Find the Discount Date, the Due Date, and the Complement