46 The credit terms offered to a customer by a business firm were 2/10, n/30, which means that a. The customer can deduct a 2% discount if the bill is paid between the 10th and 30th day from the invoice date. O b. Two sales returns can be made within 10 days of the invoice date and no returns thereafter. O c. The customer can deduct a 2% discount if the bill is paid within 10 days of the invoice date. O d. The customer must pay the bill within 10 days.
46 The credit terms offered to a customer by a business firm were 2/10, n/30, which means that a. The customer can deduct a 2% discount if the bill is paid between the 10th and 30th day from the invoice date. O b. Two sales returns can be made within 10 days of the invoice date and no returns thereafter. O c. The customer can deduct a 2% discount if the bill is paid within 10 days of the invoice date. O d. The customer must pay the bill within 10 days.
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 4Q: American Signs allows customers to pay with their Jones credit card and cash. Jones charges American...
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q46)
This multible choice question from ACCOUNTING PRINCIPLES I.
just write for me the final answer.
![46
The credit terms offered to a customer by a business firm were 2/10, n/30, which means
that
O a. The customer can deduct a 2% discount if the bill is paid between the 10th and
30th day from the invoice date.
O b. Two sales returns can be made within 10 days of the invoice date and no returns
thereafter.
O . The customer can deduct a 2% discount if the bill is paid within 10 days of the
invoice date.
O d. The customer must pay the bill within 10 days.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa359d8ad-5dce-41d8-8700-b616aaf5adaf%2F99fac748-5e84-4193-91cd-635c54d6d3dd%2Fy1liiv8_processed.png&w=3840&q=75)
Transcribed Image Text:46
The credit terms offered to a customer by a business firm were 2/10, n/30, which means
that
O a. The customer can deduct a 2% discount if the bill is paid between the 10th and
30th day from the invoice date.
O b. Two sales returns can be made within 10 days of the invoice date and no returns
thereafter.
O . The customer can deduct a 2% discount if the bill is paid within 10 days of the
invoice date.
O d. The customer must pay the bill within 10 days.
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