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Question
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; and 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
Answer
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