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If MetroPulse Media receives an invoice for purchases dated 10/21/X5 subject to credit terms of "3/10, net 30 EOM,

" what is the last possible day the payment should be made (1) if the discount is taken and (2) if the discount is not taken?

 

November1 and November20, respectively.

 

November10 and November20, respectively.

 

November10 and November30, respectively.

 

December10 and December30, respectively.

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/31
MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

My answer is Option C...........Nov-10 &Nov30, respectively...............

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Option third is correct answer <<<<<<<<<<<

My answer is option (C) November 10 and November 30, respectively

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>> November10 and November30, respectively.

 

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

In a Net30 you can pay the bill within30 days of receipt (bill - discount)

Therefore the only logical answer is Nov.10 - Nov.30

Wolf Klaas Kinsbergen
by Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

I honestly don't know and go with the experts..

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

a- --------------------------------------------November1 and November20, respectively.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

>>>>>>>>>>>>>>November10 and November30, respectively.

Anil Shrestha
by Anil Shrestha , Account Officer , Nepal Gas Udhyog Pvt. Ltd.

The best option is November1 and November30 respectively. The term says you will get3% Discount if payment made within10 days from the date of purchase or you must pay the bill within30 days but discount will not be provided after10 days.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

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November10 and November30, respectively.

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Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

Agreed to experts................................