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Selling Terms 2/10, Net 30 Indicates Which of the Following

Question 57

Multiple Choice

Selling terms 2/10, net 30 indicates which of the following?


A) The purchaser is required to pay the entire bill within 10 days.
B) The purchaser can take a 20% discount if they pay within 30 days.
C) The purchaser can take a 2% discount if they pay within 10 days.
D) The purchaser can take a 2% discount if they pay within 30 days.

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