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19. a.) The invoice is dated March 7th, and the delivery is March 12th. Terms on the...

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Accounting

19.

a.) The invoice is dated March 7th, and the delivery is March12th. Terms on the purchase order are 8/10 n/30 EOM. What is thelast day the buyer can pay the bill and still receive adiscount?

b.) An invoice is dated May 12th, and merchandise is deliveredto the store on May 25th. For each of the following terms,determine the dates, using a 30-day business calendar.

LAST DAY FOR DISCOUNT

3/10 net 30. ________
2/10-30X. ________
3/15, n/60 ROG ________

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