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ollegr [7]
4 years ago
15

Merchandise is ordered on november 10; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed b

y the seller on november 13; the merchandise is received by the buyer on november 18; the entry is made in the buyer's accounts on november 20. the credit period begins with what date? november 18 november 20 november 10 november 13
Business
1 answer:
kifflom [539]4 years ago
6 0

Answer:

The answer is <u>"November 13".</u>

Explanation:

November 13 is the date from which credit period begins in the given scenario because credit period refers to the no. of days that a client is permitted to hold up or wait before paying a receipt or an invoice. It does not refer to the number of days that the client takes to pay an invoice.

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