Question: When the full amount for a purchased item is due in 30 days from the date of invoice having lost the opportunity of having a
When the full amount for a purchased item is due in 30 days from the date of invoice having lost the opportunity of having a 2 percent discount for an early payment within 10 days, the payment terms is known as: When the full amount for a purchased item is due in 30 days from the date of invoice having lost the opportunity of having a 2 percent discount for an early payment within 10 days, the payment terms is known as: 2 percent 10/net 30 10 percent 2/net 30 2 percent/gross 30 None of the above
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
