If no discounts are given for early payment and the full amount is due within 30 days of the invoice, this is known as
A) net 30.
B) 2/10 net 30.
C) net 30 E.O.M.
D) revolving charges.
Correct Answer:
Verified
Q118: The main reason for extending credit is
Q119: There are two general categories of credit-
A)
Q120: Credit that is extended from retail stores
Q121: Credit that is extended from one business
Q122: Terms such as net 30 and 2/10
Q124: If credit terms are stated as 2/10
Q125: Which of the following is not a
Q126: If a customer buys a boat and
Q127: Suppose a customer buys a refrigerator and
Q128: Suppose a customer has credit with J.C.
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