An invoice with an amount of OMR 8,500 dated March 20th, and terms of payment on ordinary dating 2/10, n/30 have been received. The bill is paid on April 18th. Which of the following is the last date of credit period? a. April 19th b. March 30th C. April 18th d. March 29th

An invoice with an amount of OMR 8,500 dated March 20th, and terms of payment on ordinary dating 2/10, n/30 have been received. The bill is paid on April 18th. Which of the following is the last date of credit period? a. April 19th b. March 30th C. April 18th d. March 29th

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

An invoice with an amount of OMR 8,500 dated
March 20th, and terms of payment on ordinary
dating 2/10, n/30 have been received. The bill is
paid on April 18th. Which of the following is the
last date of credit period?
a. April 19th
b. March 30th
C. April 18th
d. March 29th

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