Solved

Credit Terms of 2/10, N/30 Mean That

Question 103

Multiple Choice

Credit terms of 2/10, n/30 mean that


A) 2% discount is allowed if the bill is paid within 10 days, or the entire amount is due within 30 days.
B) a discount is allowed if the bill is paid within 30 days.
C) a discount is allowed if the bill is paid after 10 days.
D) a 2% discount is allowed if the customer pays the bill within 30 days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions