Credit terms of 1/10, n/30 mean
A. only that payment in full is due 10 days after date of the invoice
B. only that payment in full is due 30 days after date of the invoice
C. if the invoice is paid within 10 days of its date, a 1% discount may be taken; otherwise the total amount is due in 20 days
D. if the invoice is paid within 10 days of its date, a 1% discount may be taken; otherwise the total amount is due in 30 days
Answer: D
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.