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Write in terms of the cofunction of a complementary angle.
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Terms 2/10, N/30
Payment terms indicating a 2% discount if paid within 10 days, otherwise the net amount (total invoice) is due within 30 days.
Debit Memorandum
A document issued by a buyer to a seller indicating a debit made to the seller's account, often due to returned goods or errors in the invoice.
Subsidiary Ledger
A subsidiary ledger is a detailed ledger containing individual accounts with a common characteristic, which is summarized and presented in a single account in the general ledger.
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