Question
If the seller gives credit terms of 2/10, net 30 on a sale of $100 on September 30, the buyer would need to pay: $100
If the seller gives credit terms of 2/10, net 30 on a sale of $100 on September 30, the buyer would need to pay:
$100 on September 30
$98 on October 30
$90 on October 10
$100 on October 10
$98 on October 10
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
