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    Principles of Accounting Study Set 1
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    Exam 6: Accounting for Merchandising Operations
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    The Terms "2/10,n/30" Mean That a 2 Percent Discount Is
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The Terms "2/10,n/30" Mean That a 2 Percent Discount Is

Question 148

Question 148

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The terms "2/10,n/30" mean that a 2 percent discount is allowed on payments made over 10 but before 30 days after the invoice date.

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