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H3Ko H3Ko
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Posts: 4891
7 years ago
The terms of an invoice are 3/10, n/25. This means that a ________.
A) discount of 10 percent is allowed if the invoice is paid within three days
B) discount of 3 percent is allowed if the invoice is paid after 25 days
C) discount of 25 percent is allowed if the invoice is paid within 10 days
D) discount of 3 percent is allowed if the invoice is paid within 10 days
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
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7 years ago
I just realized you had posted this! Thanks so much
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7 years ago
I'm liking this Slight Smile
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