Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The credit terms, 2/15, n/30, indicate that a: A.fifteen percent discount can be deducted if the invoice is paid within two days following the date
The credit terms, 2/15, n/30, indicate that a:
A.fifteen percent discount can be deducted if the invoice is paid within two days following the date of sale.
B.two percent discount can be deducted for a period up to thirty days following the date of sale.
C.two percent discount can be deducted if the invoice is paid before the fifteenth day following the date of the sale.
D.two percent discount can be deducted if the invoice is paid after the fifteenth day following the sale, but before the thirtieth day.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started