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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
A company sells goods and offers credit terms of "net 30 days." What does this reveal to the company that sold the goods?
A) It cannot recognize the sales credit for 30 days.
B) It does not have to ship the goods for 30 days.
C) It offers a 30% discount for customers that use credit cards.
D) The customer has up to 30 days to pay back the seller for the goods purchased without penalty.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
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