Terms of 2/10, n/30 means that a customer is allowed a 10% discount in 30 days.
Correct Answer:
Verified
Q28: The seller's sales invoice is the buyer's
Q56: A form used in business to place
Q57: When the term F.O.B. shipping point is
Q58: The term F.O.B. means
A) free on board.
B)
Q59: The time a purchaser is granted to
Q61: Medeco bought goods for $150 on credit.
Q63: Which account is the controlling account for
Q64: The purchasing department issues purchase orders.
Q65: An entry to record the payment to
Q81: The arrangements between buyer and seller as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents