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

Name: Centennial,Inc.sold goods on credit terms n/20 to Harper,Inc.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 (49 reviews)

Question

Quizplus · Accepted Answer

The statement correctly explains the credit terms n/20 as no discount being offered and the amount due after 20 days from invoice date.