Web3 jul. 2024 · What does the credit term 2/10 N 30 mean? 2/10 net 30 is a trade credit offered by the seller to the buyer for their purchase. If a buyer is able to pay an invoice … Web27 aug. 2009 · See answer (1) Best Answer. Copy. An invoice with the terms "3/10 net 30" is summarized as follows: (1) "3/10" means that if the buyer of the service/goods pays …

The Credit Terms 2 10 N 30 Are Interpreted As - Irisamelia.com

WebThe credit terms 2/10, n/30 are interpreted as: 2% cash discount if the amount is paid within 10 days, or the balance due in 30 days. Explanation: I will explain using an … Web2/10 n/30 are the credit terms of a sales discount. Specifically it means that if an invoice is paid for within 10 days the customer will receive a 2% discount, if the customer does not … reads coffee roasters sherborne

Answered: Credit terms are 1/10, n/30 indicates… bartleby

WebThe term 2/10, n/30 is a typical credit term and means the following: "2" shows the discount percentage offered by the seller. "10" indicates the number of days (from the invoice … WebIf the vendor's invoice has terms of 2/10, n/30, the "2" represents 2%, the "10" represents 10 days, the "n" represents the word net and the "30" represents 30 days. This means … Web22 dec. 2024 · Explanation of 2/10, n/30 credit terms Indication "2/10, n/30" (or "2/10 net 30") on an invoice represents a cash (sales) discount provided by the seller to the buyer … how to sync with samsung cloud drive