Invoice 2/10, net/30: Payment terms for items sold
- If paid in 10 days, the customer may have a 2% discount
- If paid in 30 days, the amount must be paid in full
- Generally terms used to encourage customers to pay faster
Accounting Flashcards includes a translate button for English, Chinese, and Spanish.
Learn financial accounting using beautifully illustrated flashcards, coordinated lessons, and rich audio. Whether you are an aspiring CPA or IFRS expert, use this accountancy app to reach your goals. Even an aspiring chartered accountant or those reaching for the CPA Australia can benefit. Topics of accounting standards, equation, terms, ratios, and more are covered.
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