What is the meaning of the term 2/10 net 30? A. If the invoice is paid...

  

Transcribed Image Text:

What is the meaning of the term 2/10 net 30? A. If the invoice is paid within 2 days, a 10% discount can be taken; otherwise the full invoice is due in 30 days. B. If the invoice is paid within 10 days, a 2% discount can be taken; otherwise the full invoice is due in 30 days. C. If the invoice is paid within 10 days, a 2% discount can be taken. If the invoice is paid between 11 and 29 days, a 1% discount can be taken. After 30 days, the full invoice is due. OD. If the invoice is paid within 2 days, a 10% discount can be taken; otherwise a 2% discount can be taken if the invoice is paid in 30 days. What is the meaning of the term 2/10 net 30? A. If the invoice is paid within 2 days, a 10% discount can be taken; otherwise the full invoice is due in 30 days. B. If the invoice is paid within 10 days, a 2% discount can be taken; otherwise the full invoice is due in 30 days. C. If the invoice is paid within 10 days, a 2% discount can be taken. If the invoice is paid between 11 and 29 days, a 1% discount can be taken. After 30 days, the full invoice is due. OD. If the invoice is paid within 2 days, a 10% discount can be taken; otherwise a 2% discount can be taken if the invoice is paid in 30 days.

Answer rating: 100% (QA)

Answer Explanation 210 net 30 is an invoice term offered by the business to a custom... View the full answer