Accounting Principles I: Sales Discounts
For example, the credit terms on the invoice below are 2/10, n/30, which is . The terms 2/10, n/30 mean the customer may take a two percent discount on the .
http://www.cliffsnotes.com/study_guide/Sales-Discounts.topicArticleId-21081,articleId-21035.html
What Does 2/10 Net 30 Mean in Accounting? | eHow.com
For an invoice dated Nov. 30 with the terms as 2/10, net 30, payment by the Dec. 10 qualifies for the discount. In this case the discount is 2 percent, so multiply .
http://www.ehow.com/info_7736856_210-net-30-mean-accounting.html
ACC101 – CHAPTER 4
When paid within the discount period assuming credit terms of 2/10, n/30: . Discount terms 2/10, n/30 mean that a 10% cash discount is available if payment is .
http://dept.harpercollege.edu/tutoring/pdfs/ac101_ch4.pdf
early payment discount | Ordoro Blog
Dec 15, 2009 . “2/10 net 30” means that the payment is due in 30 days, but the payment is made within 10 . Let us say a vendor offers you “2/10 net 30? payment terms. . Early payment discount can be described as an annual interest rate .
https://www.ordoro.com/blog/tag/early-payment-discount/
What Does Net 60 Mean on an Invoice? | Chron.com
Terms vary by supplier, and Net 30 or 60 aren't the only options. Other terms include 2 percent 10 days/Net 30 -- or 2/10, N/30. This means you will receive a 2 .
http://smallbusiness.chron.com/net-60-mean-invoice-35564.html
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Control of Purchase Discounts
Chapter 4 described the entries to record the receipt and payment of an invoice for a . on November 2 at a $1,200 invoice price with terms of 2/10, n/30.
http://highered.mcgraw-hill.com/sites/dl/free/0073379573/583237/wild_webapp6B.pdf
thanks very much for the information
Net D - Wikipedia, the free encyclopedia
Net 10, Net 15, Net 30 and Net 60 are forms of trade credit which specify that the . Net 30 or Net 60 terms are often coupled with a credit for early payment. . that full payment is expected within 30 days, For example, if "$1000 2/10 net 30" is . Net 30 means that buyer will pay seller in full on or before the 30th calendar day .
http://en.wikipedia.org/wiki/Net_D
What does the payment terms 210 n60 mean
What does the payment terms 210 n60 mean? In: Personal Finance, Small Business Loans, Sales and Customer Service [Edit categories]. Answer: 2/10 net 60 .
http://wiki.answers.com/Q/What_does_the_payment_terms_210_n60_mean