Nurix Company sold goods on credit terms n/20 to Jelly Harper Company.This means no discounts are offered,and the amount of the invoice is due 20 days after the invoice date.

Name: Nurix Company sold goods on credit terms n/20 to Jelly Harper Company.This means no discounts are offered,and the amount of the invoice is due 20 days after the invoice date.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

The statement correctly defines the credit terms of "n/20" which means no discounts are offered and payment is due 20 days after the invoice date.

Nurix Company Sold Goods on Credit Terms N/20 to Jelly