Accountants can you answer this??

On December 1, 2007, Cardinal Company, a garden retailer, purchased $20,000 of corn
nut, vocabulary 2/10, n/30, from Iowa Farm Co. Even though the discount time of year have
expired, Sandi Kurtz subtracted the discount of $400 when she processed
the documents for money on December 15, 2007. Discuss whether Sandi Kurtz
behave contained by a professional carriage by subtracting the discount, even though the discount
interval have expired.

Answers:
I don't know if business relations are ever professional! She no problem be presumptuous. But she may capture her road if she is a big customer and buys abundantly from Iowa Farm. Iowa Farm may not want to risk losing her as a customer and may furnish her the discount as a gesticulation of goodwill. But if she is a small fry, Iowa can insist that she repay the symmetry or litter to process her subsequent command.


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