Question 4/12 On July 1, a company receives an invoice for 800 with the terms 1/10, net 30. On July 15, the payment should be. (A) 692 (B) 790 (C) 792 (D) 800 (E) 808 (2024)

`); let searchUrl = `/search/`; history.forEach((elem) => { prevsearch.find('#prevsearch-options').append(`

${elem}

`); }); } $('#search-pretype-options').empty(); $('#search-pretype-options').append(prevsearch); let prevbooks = $(false); [ {title:"Recently Opened Textbooks", books:previous_books}, {title:"Recommended Textbooks", books:recommended_books} ].forEach((book_segment) => { if (Array.isArray(book_segment.books) && book_segment.books.length>0 && nsegments<2) { nsegments+=1; prevbooks = $(`

  • ${book_segment.title}
  • `); let searchUrl = "/books/xxx/"; book_segment.books.forEach((elem) => { prevbooks.find('#prevbooks-options'+nsegments.toString()).append(`

    ${elem.title} ${ordinal(elem.edition)} ${elem.author}

    `); }); } $('#search-pretype-options').append(prevbooks); }); } function anon_pretype() { let prebooks = null; try { prebooks = JSON.parse(localStorage.getItem('PRETYPE_BOOKS_ANON')); }catch(e) {} if ('previous_books' in prebooks && 'recommended_books' in prebooks) { previous_books = prebooks.previous_books; recommended_books = prebooks.recommended_books; if (typeof PREVBOOKS !== 'undefined' && Array.isArray(PREVBOOKS)) { new_prevbooks = PREVBOOKS; previous_books.forEach(elem => { for (let i = 0; i < new_prevbooks.length; i++) { if (elem.id == new_prevbooks[i].id) { return; } } new_prevbooks.push(elem); }); new_prevbooks = new_prevbooks.slice(0,3); previous_books = new_prevbooks; } if (typeof RECBOOKS !== 'undefined' && Array.isArray(RECBOOKS)) { new_recbooks = RECBOOKS; for (let j = 0; j < new_recbooks.length; j++) { new_recbooks[j].viewed_at = new Date(); } let insert = true; for (let i=0; i < recommended_books.length; i++){ for (let j = 0; j < new_recbooks.length; j++) { if (recommended_books[i].id == new_recbooks[j].id) { insert = false; } } if (insert){ new_recbooks.push(recommended_books[i]); } } new_recbooks.sort((a,b)=>{ adate = new Date(2000, 0, 1); bdate = new Date(2000, 0, 1); if ('viewed_at' in a) {adate = new Date(a.viewed_at);} if ('viewed_at' in b) {bdate = new Date(b.viewed_at);} // 100000000: instead of just erasing the suggestions from previous week, // we just move them to the back of the queue acurweek = ((new Date()).getDate()-adate.getDate()>7)?0:100000000; bcurweek = ((new Date()).getDate()-bdate.getDate()>7)?0:100000000; aviews = 0; bviews = 0; if ('views' in a) {aviews = acurweek+a.views;} if ('views' in b) {bviews = bcurweek+b.views;} return bviews - aviews; }); new_recbooks = new_recbooks.slice(0,3); recommended_books = new_recbooks; } localStorage.setItem('PRETYPE_BOOKS_ANON', JSON.stringify({ previous_books: previous_books, recommended_books: recommended_books })); build_popup(); } } var whiletyping_search_object = null; var whiletyping_search = { books: [], curriculum: [], topics: [] } var single_whiletyping_ajax_promise = null; var whiletyping_database_initial_burst = 0; //number of consecutive calls, after 3 we start the 1 per 5 min calls function get_whiletyping_database() { //gets the database from the server. // 1. by validating against a local database value we confirm that the framework is working and // reduce the ammount of continuous calls produced by errors to 1 per 5 minutes. return localforage.getItem('whiletyping_last_attempt').then(function(value) { if ( value==null || (new Date()) - (new Date(value)) > 1000*60*5 || (whiletyping_database_initial_burst < 3) ) { localforage.setItem('whiletyping_last_attempt', (new Date()).getTime()); // 2. Make an ajax call to the server and get the search database. let databaseUrl = `/search/whiletype_database/`; let resp = single_whiletyping_ajax_promise; if (resp === null) { whiletyping_database_initial_burst = whiletyping_database_initial_burst + 1; single_whiletyping_ajax_promise = resp = new Promise((resolve, reject) => { $.ajax({ url: databaseUrl, type: 'POST', data:{csrfmiddlewaretoken: "8dlTl19TB7Mz2jpKjTltlgmQwAz2BUiZYNpVIx3gbXg5pxdPyW4hGEXRVAVXaec9"}, success: function (data) { // 3. verify that the elements of the database exist and are arrays if ( ('books' in data) && ('curriculum' in data) && ('topics' in data) && Array.isArray(data.books) && Array.isArray(data.curriculum) && Array.isArray(data.topics)) { localforage.setItem('whiletyping_last_success', (new Date()).getTime()); localforage.setItem('whiletyping_database', data); resolve(data); } }, error: function (error) { console.log(error); resolve(null); }, complete: function (data) { single_whiletyping_ajax_promise = null; } }) }); } return resp; } return Promise.resolve(null); }).catch(function(err) { console.log(err); return Promise.resolve(null); }); } function get_whiletyping_search_object() { // gets the fuse objects that will be in charge of the search if (whiletyping_search_object){ return Promise.resolve(whiletyping_search_object); } database_promise = localforage.getItem('whiletyping_database').then(function(database) { return localforage.getItem('whiletyping_last_success').then(function(last_success) { if (database==null || (new Date()) - (new Date(last_success)) > 1000*60*60*24*30 || (new Date('2023-04-25T00:00:00')) - (new Date(last_success)) > 0) { // New database update return get_whiletyping_database().then(function(new_database) { if (new_database) { database = new_database; } return database; }); } else { return Promise.resolve(database); } }); }); return database_promise.then(function(database) { if (database) { const options = { isCaseSensitive: false, includeScore: true, shouldSort: true, // includeMatches: false, // findAllMatches: false, // minMatchCharLength: 1, // location: 0, threshold: 0.2, // distance: 100, // useExtendedSearch: false, ignoreLocation: true, // ignoreFieldNorm: false, // fieldNormWeight: 1, keys: [ "title" ] }; let curriculum_index={}; let topics_index={}; database.curriculum.forEach(c => curriculum_index[c.id]=c); database.topics.forEach(t => topics_index[t.id]=t); for (j=0; j

    Solutions
  • Textbooks
  • `); } function build_solutions() { if (Array.isArray(solution_search_result)) { const viewAllHTML = userSubscribed ? `View All` : ''; var solutions_section = $(`
  • Solutions ${viewAllHTML}
  • `); let questionUrl = "/questions/xxx/"; let askUrl = "/ask/question/xxx/"; solution_search_result.forEach((elem) => { let url = ('course' in elem)?askUrl:questionUrl; let solution_type = ('course' in elem)?'ask':'question'; let subtitle = ('course' in elem)?(elem.course??""):(elem.book ?? "")+"    "+(elem.chapter?"Chapter "+elem.chapter:""); solutions_section.find('#whiletyping-solutions').append(` ${elem.text} ${subtitle} `); }); $('#search-solution-options').empty(); if (Array.isArray(solution_search_result) && solution_search_result.length>0){ $('#search-solution-options').append(solutions_section); } MathJax.typesetPromise([document.getElementById('search-solution-options')]); } } function build_textbooks() { $('#search-pretype-options').empty(); $('#search-pretype-options').append($('#search-solution-options').html()); if (Array.isArray(textbook_search_result)) { var books_section = $(`
  • Textbooks View All
  • `); let searchUrl = "/books/xxx/"; textbook_search_result.forEach((elem) => { books_section.find('#whiletyping-books').append(` ${elem.title} ${ordinal(elem.edition)} ${elem.author} `); }); } if (Array.isArray(textbook_search_result) && textbook_search_result.length>0){ $('#search-pretype-options').append(books_section); } } function build_popup(first_time = false) { if ($('#search-text').val()=='') { build_pretype(); } else { solution_and_textbook_search(); } } var search_text_out = true; var search_popup_out = true; const is_login = false; const user_hash = null; function pretype_setup() { $('#search-text').focusin(function() { $('#search-popup').addClass('show'); resize_popup(); search_text_out = false; }); $( window ).resize(function() { resize_popup(); }); $('#search-text').focusout(() => { search_text_out = true; if (search_text_out && search_popup_out) { $('#search-popup').removeClass('show'); } }); $('#search-popup').mouseenter(() => { search_popup_out = false; }); $('#search-popup').mouseleave(() => { search_popup_out = true; if (search_text_out && search_popup_out) { $('#search-popup').removeClass('show'); } }); $('#search-text').on("keyup", delay(() => { build_popup(); }, 200)); build_popup(true); let prevbookUrl = `/search/pretype_books/`; let prebooks = null; try { prebooks = JSON.parse(localStorage.getItem('PRETYPE_BOOKS_'+(is_login?user_hash:'ANON'))); }catch(e) {} if (prebooks && 'previous_books' in prebooks && 'recommended_books' in prebooks) { if (is_login) { previous_books = prebooks.previous_books; recommended_books = prebooks.recommended_books; if (prebooks.time && new Date().getTime()-prebooks.time<1000*60*60*6) { build_popup(); return; } } else { anon_pretype(); return; } } $.ajax({ url: prevbookUrl, method: 'POST', data:{csrfmiddlewaretoken: "8dlTl19TB7Mz2jpKjTltlgmQwAz2BUiZYNpVIx3gbXg5pxdPyW4hGEXRVAVXaec9"}, success: function(response){ previous_books = response.previous_books; recommended_books = response.recommended_books; if (is_login) { localStorage.setItem('PRETYPE_BOOKS_'+user_hash, JSON.stringify({ previous_books: previous_books, recommended_books: recommended_books, time: new Date().getTime() })); } build_popup(); }, error: function(response){ console.log(response); } }); } $( document ).ready(pretype_setup); $( document ).ready(function(){ $('#search-popup').on('click', '.search-view-item', function(e) { e.preventDefault(); let autoCompleteSearchViewUrl = `/search/autocomplete_search_view/`; let objectUrl = $(this).attr('href'); let selectedId = $(this).data('objid'); let searchResults = []; $("#whiletyping-solutions").find("a").each(function() { let is_selected = selectedId === $(this).data('objid'); searchResults.push({ objectId: $(this).data('objid'), contentType: $(this).data('contenttype'), category: $(this).data('category'), selected: is_selected }); }); $("#whiletyping-books").find("a").each(function() { let is_selected = selectedId === $(this).data('objid'); searchResults.push({ objectId: $(this).data('objid'), contentType: $(this).data('contenttype'), category: $(this).data('category'), selected: is_selected }); }); $.ajax({ url: autoCompleteSearchViewUrl, method: 'POST', data:{ csrfmiddlewaretoken: "8dlTl19TB7Mz2jpKjTltlgmQwAz2BUiZYNpVIx3gbXg5pxdPyW4hGEXRVAVXaec9", query: $('#search-text').val(), searchObjects: JSON.stringify(searchResults) }, dataType: 'json', complete: function(data){ window.location.href = objectUrl; } }); }); });
    Question 4/12
On July 1, a company receives an invoice for 800 with the
terms 1/10, net 30. On July 15, the payment should be.
(A) 692
(B) 790
(C) 792
(D) 800
(E) 808 (2024)

    FAQs

    What does it mean if a company receives an invoice for $800 with the terms 1/10 net 30? ›

    An invoice for 800 with terms 1/10 net 30 is a business transaction that requires payment of 800 with a 1/10 discount if the payment is made within 10 days of the invoice date. After 10 days, the full amount of 800 is due within 30 days of the invoice date.

    What does a notation on an invoice identifies the credit terms as 2 10 net 45 mean? ›

    2/10 net 45 means a 2% early payment discount if a customer pays within 10 days. Otherwise, the total amount is due within 45 days of the invoice date.

    What type of discount does an invoice containing the terms 2 10 net 30 describe? ›

    2/10 net 30 is a trade credit often offered by suppliers to buyers. It represents an agreement that the buyer will receive a 2% discount on the net invoice amount if they pay within 10 days. Otherwise, the full invoice amount is due within 30 days. It's one of the most used formulations of an early payment discount.

    What does it mean if an invoice offers terms of 5 20 net 30? ›

    Net 30 means that payment is due within 30 days of when the invoice is received. Essentially, a seller who sets payment terms of net 30 is extending 30 days of credit to the buyer after goods or services have been delivered. Net 30 means that the buyer has 30 calendar days after they've been billed to remit payment.

    What does 1% 15 net 30 mean? ›

    The above statements mean that when a customer pays his or her debt within 15 days from the date of purchase a 1% discount will be granted otherwise if the customer doesn't take advantage of discount the outstanding amount should be paid within a period of 30 days from the date of invoice.

    What does terms net 30 mean on an invoice? ›

    Net 30 is a term used on invoices to represent when the payment is due, in contrast to the date that the goods/services were delivered. When you see “net 30” on an invoice, it means that the client can pay up to 30 calendar days (not business days) after they have been billed.

    What does 1 10 n 30 mean? ›

    A 1%/10 net 30 deal is when a 1% discount is offered for services or products as long as they are paid within 10 days of a 30-day payment agreement. The cost of credit is used as a percentage and occurs when the buyer does not take the reduced cost, thus paying the higher cost, reflecting the discount loss.

    What does terms 4 10 N 30 mean in accounting? ›

    Specifically, 4/10 N/30 indicates that the customer is eligible to receive a 4% discount if they pay within 10 days. If the payment is not received within 10 days, the customer must pay the full invoice amount within 30 days.

    How to calculate terms 2 10 n 30? ›

    Customers who purchase on credit are given 30 days to settle their obligation. However, if paid within 10 days, customers enjoy a 2% discount on the goods purchased. If a customer purchases $10,000 from Company A on the terms 2/10 net 30 and pays within 10 days, the customer only needs to pay $10,000 x 0.98 = $9,800.

    What do you call a discount on an invoice? ›

    A trade discount is a percentage or dollar amount taken off of the item price or the invoice total. For example, the standard price of a product is $20, and the discounted price is $15, or a 10% discount is taken off of the invoice total due to a summer sale.

    Which type of discount is shown on an invoice? ›

    The cash discounts are recorded in an invoice by showing the net and gross price of the goods and services sold after deducting the discount from its total price.

    What is an invoice discount term? ›

    Invoice discounting is a financial service in which a provider lends cash to a company up to the value of its unpaid invoices. Many international Suppliers work with deferred invoice payment terms - often up to 120 days - which can put a strain on their finances.

    What is the discount amount to pay an invoice early if terms on an invoice are 1/10 n/15? ›

    This discounted payment option means that if the invoice is paid within 15 days, rather than 10, a 1% discount is applied.

    What are the payment terms on an invoice? ›

    These terms refer to the number of days in which a payment is due. For instance, net 30 means that a buyer must settle their account within 30 days of the date listed on the invoice.

    What is a 90 day payment term? ›

    Net 90 is a payment term from vendors letting approved trade credit customers pay invoices for purchases of goods or services in full, so vendors receive payments within 90 days. The 90 days invoice payment due date is generally counted from the invoice date unless otherwise indicated on the invoice.

    What does 1 10 30 credit term mean? ›

    It means that if the bill is paid within 10 days, there is a 1% discount. Otherwise, the total amount is due within 30 days.

    What does it mean when a company makes a sale on terms 2 10 n 30? ›

    2/10 net 30 means that if the amount due is paid within 10 days, the customer will enjoy a 2% discount. Otherwise, the amount is due in full within 30 days.

    What does it mean when a company receives an invoice? ›

    An invoice is a document that tracks what a customer owes a business. They can be used as a way to monitor cash flow and help companies receive payment in full and on time. They serve as a record of sales and provide a way to track important metrics, like: The sell date of the goods and/or services.

    What do the numbers on an invoice mean? ›

    An invoice number is a number that appears on an invoice and uniquely identifies it for easy organisation and identification later. Invoice numbers allow small business owners to keep track of their invoice sequence and completed payments, as well as payments that may still be pending completion.

    Top Articles
    Investing for Beginners: A Guide to Assets
    Direção executiva do SNS deve estar “acima de agendas partidárias” e “merecer confiança” do Governo, avisa Fernando Araújo
    Radikale Landküche am Landgut Schönwalde
    Victory Road Radical Red
    Jennifer Hart Facebook
    J & D E-Gitarre 905 HSS Bat Mark Goth Black bei uns günstig einkaufen
    Air Canada bullish about its prospects as recovery gains steam
    Www.metaquest/Device Code
    Kobold Beast Tribe Guide and Rewards
    Triumph Speed Twin 2025 e Speed Twin RS, nelle concessionarie da gennaio 2025 - News - Moto.it
    Ventura Craigs List
    Mcoc Immunity Chart July 2022
    Pj Ferry Schedule
    Self-guided tour (for students) – Teaching & Learning Support
    Prices Way Too High Crossword Clue
    What Is A Good Estimate For 380 Of 60
    2024 Non-Homestead Millage - Clarkston Community Schools
    Breakroom Bw
    Hijab Hookup Trendy
    Huge Boobs Images
    Uc Santa Cruz Events
    Wisconsin Women's Volleyball Team Leaked Pictures
    Log in or sign up to view
    Jayah And Kimora Phone Number
    Site : Storagealamogordo.com Easy Call
    Acts 16 Nkjv
    Kringloopwinkel Second Sale Roosendaal - Leemstraat 4e
    Fsga Golf
    Riversweeps Admin Login
    The Listings Project New York
    Elbert County Swap Shop
    Essence Healthcare Otc 2023 Catalog
    Pixel Combat Unblocked
    Hobby Lobby Hours Parkersburg Wv
    Mississippi Craigslist
    Himekishi Ga Classmate Raw
    Pay Stub Portal
    Mosley Lane Candles
    Nsu Occupational Therapy Prerequisites
    Tmka-19829
    Indiefoxx Deepfake
    Gets Less Antsy Crossword Clue
    Ticket To Paradise Showtimes Near Regal Citrus Park
    Discover Wisconsin Season 16
    Panorama Charter Portal
    No Boundaries Pants For Men
    Cuckold Gonewildaudio
    Marcal Paper Products - Nassau Paper Company Ltd. -
    Dietary Extras Given Crossword Clue
    Missed Connections Dayton Ohio
    라이키 유출
    Latest Posts
    Article information

    Author: Maia Crooks Jr

    Last Updated:

    Views: 5599

    Rating: 4.2 / 5 (43 voted)

    Reviews: 90% of readers found this page helpful

    Author information

    Name: Maia Crooks Jr

    Birthday: 1997-09-21

    Address: 93119 Joseph Street, Peggyfurt, NC 11582

    Phone: +2983088926881

    Job: Principal Design Liaison

    Hobby: Web surfing, Skiing, role-playing games, Sketching, Polo, Sewing, Genealogy

    Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.