Bundle: Essentials of Business Communication, Loose-leaf Version, 11th + MindTap Business Communication, 1 term (6 months) Printed Access Card
11th Edition
ISBN: 9781337736350
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 6, Problem 15CT
Summary Introduction
To determine: Reporting on late payments by creditors is fair or not.
Introduction: Making payment after the due date has passed is late payment and it happens in certain cases. The creditors sometimes report late payment and demonstrate it as credit blemish.
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