using the EOM, ROG, and extra dating methods, calculate the discount date and th
ID: 3119139 • Letter: U
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using the EOM, ROG, and extra dating methods, calculate the discount date and the net date for the following transctions. unless otherwise specified, the net date is 20 days after the discount date
Using the EOM, ROG, and Extra dating methods, calculate the discount date and the net date for the following transactions. Unless otherwise specified, the net date is 20 days after the discount date. Net Date Discount Date Terms of Sale Date of Invoice Jan. 10 Jan. 30 2/10, EOM 15. December 5 3/15, EOM 16. June 27 3/20, ROG 17. September 1 Rec'd Oct. 3 2/10, 60 Extra 18. February 11 4/25, EOM 19. May 18 2/10, ROG 20, October 26 Rec d Nov. 27 nril 12 in the amountExplanation / Answer
Date of Invoice Terms of sales Discount Rate Net date 15 5-Dec 2/10, EOM Jan. 10 Jan. 30 16 27-Jun 3/15, EOM Aug. 15 Sept. 4 17 1-Sep 3/20, ROG Rec'd Oct. 3 Oct. 23 Nov. 12 18 11-Feb 2/10, 60 Extra Apr. 22 May. 12 19 18-May 4/25, EOM June. 25 July. 15 20 26-Oct 2/10, ROG Rec'd Nov. 27 Dec. 7 Dec. 27
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