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Accounting for Merchandising#1 Flashcards | StudBud
Accounting for Merchandising#1
1 / 15
Credit terms of 1/15, n/60 means
A
1%discount if paid within 15 days, full amount due 60 days
B
10% discount if paid within 15 days,full amount due in60days
C
15%discount if paid in 10 days, full amount due 60days
D
None of these
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