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Explain What The Credit Terms Of 2 10 N 30 Mean
Explain What The Credit Terms Of 2 10 N 30 Mean - Explain What The Credit Terms Of 2/10 N/30 Mean, Explain What The Credit Terms Of 2/10 N/30 Mean Quizlet, What Does Terms 2/10 N/30 Mean
The buyer can take a discount of 10 if the invoice is paid with 30 days of the invoice date The buyer can deduct 2 of the invoice amount if payment is made within 10 days of the invoice
A 2 10 net 30 also known as 2 10 net 30 means the balance will be discounted by 2 if the buyer makes a payment within the first ten days So the 2 represents the discount amount 2 and the 10 represents the due
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Explain how the 2 10 n 30 term differs from a cash discount in the context of merchandising activities The 2 10 n 30 term is a two part discount structure where the customer receives a
2 10 net 30 is a trade credit offered by the seller to the buyer for their purchase If a buyer is able to pay an invoice in full within the first ten days they will receive a 2 percent
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Explain what the credit terms of 2 10 n 30 mean Check all that apply A The buyer can take a discount of 10 if the invoice is paid with 30 days of the invoice date B The buyer can deduct
2 10 Net 30 2 10 n 30 means that the payment is still due in 30 days but the customer will receive a 2 discount if the invoice is paid within 10 days Merchants often offer credit for early payment to encourage customers to pay
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A 2 10 net 30 also known as 2 10 net 30 means the balance will be discounted by 2 if the buyer makes a payment within the first ten days So the 2 represents the discount amount 2 and the 10 represents the due
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Definition 2 10 Net 30 is a cash discount term where customers have 30 days to pay for a purchase but can receive a two percent discount if the entire purchase paid in full within ten days
A 2 10 net 30 also known as 2 10 net 30 means the balance will be discounted by 2 if the buyer makes a payment within the first ten days So the 2 represents the discount amount 2 and the 10 represents the due
Definition 2 10 Net 30 is a cash discount term where customers have 30 days to pay for a purchase but can receive a two percent discount if the entire purchase paid in full within ten days
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