Question
An invoice with the following terms 1/20, n/30 translates as: a 1% cash discount may be taken if paid in 20 days; if no cash
An invoice with the following terms 1/20, n/30 translates as:
| a 1% cash discount may be taken if paid in 20 days; if no cash discount is taken, the balance is due in 30 days after the middle of the month. | ||
| b 1% cash discount may be taken on 20% of the purchase if the account is paid within 30 days after the end of the month. | ||
| c 1% cash discount may be taken if paid in 20 days; if no cash discount is taken, the balance is due 30 days after the end of the month. | ||
| d 1% cash discount may be taken if paid in 20 days; if no cash discount is taken, the balance is due 30 days after the invoice date. |
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