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Author Question: If an invoice shows a total of $3,000 with terms 5/15, n/60, which of the following is NOT a true statement? (Read 47 times)

mrsjacobs44

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on: Feb 18, 2020
If an invoice shows a total of $3,000 with terms 5/15, n/60, which of the following is NOT a true statement?
◦ The customer will receive a 15% discount if they pay within 60 days.
◦ The customer must pay $3,000 within 60 days after the date of the invoice.
◦ The customer has a discount period of 15 days.
◦ The customer may pay $2,850 within 15 days to satisfy the bill.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by mrsjacobs44 on Feb 18, 2020

CharlieArnold

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mrsjacobs44

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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