Spring Co bought merchandise from All Co with terms 210 n30

Spring Co. bought merchandise from All Co. with terms 2/10, n/30. Joanne Ring, the bookkeeper, forgot to pay the bill within the first 10 days. She went to Mel Ryan, the head accountant, who told her to backdate the check so that it looked like the bill was paid within the discount period. Joanne told Mel that she thought they could get away with it. Should Joanne and Mel backdate the check to take advantage of the discount? You make the call. Be sure to justify your answer! no plagiarized answers please

Solution

No, Joanne should not back date the check since receiving company takes into account the payment ,the day actual clearance of check and not the date of check, so effectively the discount period is over and full payment is to be made. Also Joanne should accepts that she made mistake and should show courage to accept her mistake and should be more committed to her job responsibility, hiding the mistakes only creates irresponsible behavior and should be avoided.