question 5 explain the meaning of 2/10 n/30.
question 5 explain the meaning of 2/10 n/30.
Answer
Brief Explanations:
This is a credit - terms notation in business. "2/10" means a 2% discount if payment is made within 10 days. "n/30" means the net amount is due within 30 days.
Answer:
The notation 2/10 n/30 means that a 2% discount is offered if the invoice is paid within 10 days, and the full (net) amount is due within 30 days.