Sales discounts with terms 2/10, n/30 mean: a. 10 percent discount for payment within 30 days b.

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Sales discounts with terms 2/10, n/30 mean:

a. 10 percent discount for payment within 30 days

b. 2 percent discount for payment within 10 days or the full amount (less returns) is due within 30 days

c. Two-tenths of a percent discount for payment within 30 days

d. None of the above

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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Question Posted: Jul 02, 2024 09:13 AM

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Sales discounts with terms 2/10, n/30 mean: a. 10 percent discount for payment within 30 days b.

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Financial Accounting

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