Question

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 18; the merchandise is received by the buyer on june 19; the entry is made in the buyer's accounts on june 16. the credit period begins with what date

Answer 1

June 18th.

The date that the buyer receives the item is not important for the credit period, which starts the day the items are send out and invoiced.