Which of the following statements is true for an invoice that has credit terms of...
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Accounting
Which of the following statements is true for an invoice that has credit terms of 2/10, net 30? If payment is made within 10 days, a 2% discount is taken, otherwise payment is due in 30 days. O If payment is made within 30 days, a 20% discount is taken. If payment is made, a 20% discount is taken. If payment is made within 40 days, a 4% discount is taken
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