Question: Question 1: If terms on an invoice are 2/10, net 30, a 2 percent discount can be taken from the invoice amount if the invoice

Question 1: If terms on an invoice are 2/10, net 30, a 2 percent discount can be taken from the invoice amount if the invoice is paid within ten days of the invoice date.

True or False

Question 2: A sales invoice

(A) is usually created at the time a company ships the products or performs services for a customer.

(B) can be sent with the products

(C) is usually due immediately

(D) Both A & B

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