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

A) November 10
B) November 13
C) November 18
D) November 20

Question

IVANNIA FLORES · Accepted Answer

Final Answer : B, Explanation :  The credit period begins with the invoice date, which is November 13, the date on which the seller mailed the invoice.

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