Question: What does the credit terms 2/10, n/30 mean? O a. the customer can have a 2% discount if the bill is paid between the 10th

 What does the credit terms 2/10, n/30 mean? O a. the

What does the credit terms 2/10, n/30 mean? O a. the customer can have a 2% discount if the bill is paid between the 10th and 30th day from the invoice date O b. the customer must pay the bill within 10 days O c. the customer can have a 2% discount if the bill is paid within 10 days of the invoice date O d. two sales returns can be made within 10 days of the invoice date and no returns thereafter

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!