Topic: 2 10 Net 30
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What are business payment terms 2 percent 10 and 25th net 30 days...
From an accounting manual for a university - with many definitions for various payment terms I found this: 2% 10 and 25th = 2% discount allowed on payments made on or before the 25th of the month for invoices issued the first half of the mo... Read More »
Source: http://wiki.answers.com/Q/What_are_business_payment_terms_2_perce...
What does extra 30 mean when the terms are 2 slash10 net 30 extra...
2/10, net 30, extra 30 means that the payment should be made in 30 days in 30 days after the invoice date, if it is paid in 10 days after the invoice date plus 30 days, the buyer can get a discount rate 2%. Read More »
Source: http://wiki.answers.com/Q/What_does_extra_30_mean_when_the_terms_...
How much would a sales discount be on an invoice that totals 3000...
60 Read More »
Source: http://wiki.answers.com/Q/How_much_would_a_sales_discount_be_on_a...
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2 10 Net 30
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It's a way of providing cash discounts on purchases. It means that if the bill is paid within 10 days, there is a 2% discount MORE
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Source: http://www.chacha.com/question/what-does-2%25-10-net-30-mean-on-q...
Net 30 means that the bill is due in 30 days. 2/10 means that if the bill is paid within 10 days, there is a 2% discount.
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Source: http://www.chacha.com/question/what-does-the-terms-2%26%2347%3B10...
1 percent 10th means that if you pay the balance by the 10th of the month then you can take a 1% discount on the balance due, net 30 means that if you choose to not pay the balance on or before the 10th the full balance is due 30 days after...
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Source: http://wiki.answers.com/Q/What_is_the_payment_term_1_percent_10th...
A way of providing cash discounts on purchases. It means that if the bill is paid within 10 days, there is a 1% discount. Otherwise, the total amount is due within 30 days. For example, if "$1000 1/10 net 30" is written on a bill, the buyer...
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Source: http://www.answers.com/topic/1-10-net-30
That no one here cares about your multiple choice question you didn't even bother to provide the choices for.
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Source: http://wiki.answers.com/Q/When_a_credit_sale_is_made_with_terms_o...
30/0.5 = 60 + 10 - 2 = 68
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Source: http://wiki.answers.com/Q/What_is_30_divided_by_0.5_plus_10_minus...
