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Credit Terms of 1/10,n/30 Mean That

Question 79

Multiple Choice

Credit terms of 1/10,n/30 mean that


A) payment in full is due 10 days after date of the invoice.
B) a 1% discount may be taken for up to 30 days.
C) if the invoice is paid within 10 days of its date,a 1% discount may be taken;otherwise the total amount is due in 20 days.
D) if the invoice is paid within 10 days of its date,a 1% discount may be taken;otherwise the total amount is due in 30 days.

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