In credit terms of 3/15 n/45 the 3 represents

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WebTranscribed Image Text: In credit terms of 3/15, n/45, the "3" represents the Oa. full amount of the invoice Ob. number of days in the discount period Oc. number of days when the entire amount is due Od. percent of the available discount for early payment 4 Expert Solution Want to see the full answer? Check out a sample Q&A here See Solution WebIn credit terms of 3/15, n/45, the "3" represents the. A. number of days in the discount period. B. full amount of the invoice. C. number of days when the entire amount is due. D. …

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WebWhat is the entry to record the cash received on a sale of 500, credit terms 1/15, n/30, if the payment is received within the discount period? a. Accounts Receivable 500 DR; Cash 500 CR b. ... In the credit terms of 3/15, n/45, the "3" represents the a. Number of days when the entire amount is due b. Full amount of the invoice c. Percent of ... dysthermie

In credit terms of 3/15, n/45, the "3" represents the - OneClass

WebDec 18, 2024 · answer below ». In credit terms of 3/15, n/45, the "3" represents the number of days in the discount period full amount of the invoice number of days when the entire … WebPayment terms are defined as the time period within which a firm expects payment for goods or services rendered. The terms listed above are defined as: 1/15, n/60 is the payment term... WebTranscribed Image Text: In credit terms of 3/15, n/45, the "3" represents the Oa. number of days in the discount period Ob. number of days when the entire amount is due Oc. percent … c s family dental

In credit terms of 3/15, n/45, the "3" represents the a. number of …

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WebQuestion: In credit terms of 3/15, n/45, the "3" represents the number of days in the discount period full amount of the invoice number of days when the entire amount is due percent of the cash discount Merchandise with a sales price of $5,000 is sold on account with term. … WebIn credit terms of 3/15, n/45, the "3" represents the: a. number of days in the discount period b. full amount of the invoice c. number of days when the entire amount is due d. percent … dysthermic sensationWebAug 13, 2024 · The term structure used for credit terms is to first state the number of days you are giving customers from the invoice date in which to take advantage of the early payment credit terms. For example, if a customer is supposed to pay within 10 days without any discount, the terms are "net 10 days," whereas if the customer must pay within 10 … dys thien dao

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In credit terms of 3/15 n/45 the 3 represents

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WebQuestion: In credit terms of 3/15, n/45, the "3" represents the a. full amount of the invoice b. number of days in the discount period c. number of days when the entire amount is due d. percent of the cash discount This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. WebOct 12, 2024 · In credit terms of 3/15, n/45, the 3 represents the See answer Advertisement AlphaWolf294 Answer: The 3 represents the percentage of cash discount. It means the cardholder will receive a 3% discount if the bill is paid within 15 days from the billing date. Advertisement Advertisement

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WebIn credit terms of 3/15, n/45, “3” represents “15” represents n/45 represents 6. On 1 - 4 - 2024 Ms. Bushra Al Khair LLC buys 150 Apple phone @ 225 each from a local supplier. The supplier offers a trade discount of 5% on amounts in excess of RO 10,000 (i.e. the trade discount does not apply to the first RO 10,000). WebStudy with Quizlet and memorize flashcards containing terms like Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on …

WebA customer purchases 55 units of the 4-in-1 desktop printers on October 1 on credit. Terms of the sale are 10/15, n/40, with an invoice date of October 1. On October 6, the customer returned 10 of the printers to CBS for a full refund. ... The chart in Figure 6.12 represents the journal entry requirements based on various merchandising sales ... WebDec 11, 2024 · In credit terms of 3/15, n/45, the "3" represents the a. Number of days in the discount period b. Full amount of the invoice c. Number of days when the entire amount is due d. Percent of the cash discount. Show full question Answer + 20 Watch For unlimited access to Homework Help, a Homework+ subscription is required. Read by 5 people

WebA. credit terms B. net cash C. cash on demand D. gross cash. 111. In credit terms of 3/15, n/45, the "3" represents the A. number of days in the discount period B. full amount of the invoice C. number of days when the entire amount is due D. percent of the cash discount. A. debit to Cash for $6,000 B. Debit to Sales Discounts for $120 WebQ: In the credit terms of 3/15, n/45, the "3" represents the Number of days when the entire amount… A: Credit terms: Credit terms are the terms of payment offered by the seller to the buyer. Q: 10) Compute the simple interest and final amount of each loan Principal Rate Time A P 400 7% 1 year…

WebIn the credit terms of 3/15, n/60, the “15” represents the a. number of days in the discount period. b. percent of the cash discount. c. full amount of the invoice. d. number of days when the entire amount is due Expert Solution Want to see the full answer? Check out a sample Q&A here See Solution star_border

WebQ: In the credit terms of 3/15, n/45, the "3" represents the a. Number of days when the entire amount… A: Credit terms: Credit terms are the terms of payment offered by the seller to the buyer. Q: An invoice dated June 27 for P20, 850 carried a cash discount of 5/30. If this invoice is paid on… csf analysis testWebA typical net 30 credit term means the balance is due within 30 days from the invoice date. A 2/10 net 30 (also known as 2 10 net 30) means the balance will be discounted by 2% if the buyer makes a payment within the first ten days. So the “2” represents the discount amount (2%) and the “10” represents the due date (10 days out). csf analysis resultsWebJan 16, 2024 · In credit terms of 3/15, n/45, the "3" represents the:a. number of days in the discount periodb. full amount of the invoicec. number of days when the entire amount is … dysthmic disorder in young adultWebIndication "2/10, n/30" (or "2/10 net 30") on an invoice represents a cash (sales) discount provided by the seller to the buyer for prompt payment. The 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 date) within which ... dysthetic eczemaWebDec 18, 2024 · In credit terms of 3/15, n/45, the "3" represents the number of days in the discount period full amount of the invoice number of days when the entire amount is due percent of the cash discount Merchandise with a sales price of $5,000 is sold on account with term. 2/10. n/30. dys thunder softballWebIn credit terms of 3/15, n/45, the . All Matches. Solution Library. Expert Answer. Textbooks. Search Textbook questions, tutors and Books ... 18. Answer:d percentage of the cash … dysthesia what does it meanWebIn the credit terms of 3/15, n/45, the "3" represents the a. Number of days when the entire amount is due b. Full amount of the invoice c. Percent of the cash discount d. Number of … csf analysis uptodate