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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 48 times)

mrsjacobs44

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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.


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Marked as best answer by mrsjacobs44 on Feb 18, 2020

CharlieArnold

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mrsjacobs44

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Reply 2 on: Feb 18, 2020
:D TYSM


vickybb89

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Reply 3 on: Yesterday
Wow, this really help

 

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