Question: What do the terms 2/10, n/30 mean? If you were advising a company who bought goods under these terms, what would you advise it to

What do the terms 2/10, n/30 mean? If you were advising a company who bought goods under these terms, what would you advise it to do with respect to payment? Why?

Step by Step Solution

3.35 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The terms 210 n30 mean that the purchasing company gets a two percent discount if it ... View full answer

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

Document Format (1 attachment)

Word file Icon

292-B-A-M-B (1806).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!