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Merchandise Is Ordered on June 13; the Merchandise Is Shipped

Question 122

Multiple Choice

Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16; the merchandise is received by the buyer on June 18; the entry is made in the buyer's accounts on June 19. The credit period begins with what date?


A) June 13
B) June 16
C) June 18
D) June 19

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