Does the buyer, mitchel qualify for the discount


Question: Mitchell Company purchased goods from Hughes with the following terms and details. Sales price, $7,000 Terms, (4/10, n/30) Date of sale, July 10 Date of payment, July 19 Shipping, FOB Destination, $310, prepaid by seller Determine if Mitchell, the buyer, qualifies for a cash discount, and who pays for shipping, Mitchell or Hughes. Does the buyer, Mitchel qualify for the discount? O Yes O No Who pays for shipping? O Mitchell, the buyer O Hughes, the seller

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Accounting Basics: Does the buyer, mitchel qualify for the discount
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