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The business received an invoice from the supplier showing the term of payments 2.5% 7 days, net 30 days. The term of payments relates to

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The business received an invoice from the supplier showing the term of payments "2.5% 7 days", net 30 days". The term of payments relates to : Select one: O a cash discount for full payment made within 7 days to the supplier a settlement discount for prompt payment made to the supplier the business must dr accounts payable cr discount received all the above

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