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A Discount Expressed as "2/10 Net 30" Means the Customer

question 59

True/False

A discount expressed as "2/10 net 30" means the customer can take a 2 percent cash discount for making payment within 10 days. Otherwise, the customer must increase the invoice total by 2 percent and pay that amount in 30 days.


Definitions:

Drawings

Artistic representations or diagrams made using a pen, pencil, or other implements on a surface.

Photographs

are images captured by a camera, used to record or express scenes, events, or portraits.

Photographs

Photographs are images captured by a camera that visually record scenes, people, or objects, preserving moments in time for future reference or enjoyment.

Visual Display

Any visual representation of information, data, or content designed to communicate messages or concepts clearly and effectively.

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