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Diane's Pottery Shop orders china from a supplier for $240 including $30 freight charges. The terms of sale are 3/10, n/30 ROG. The china arrives on 11/21 and Diane wants to take advantage of the cash discount.

 a. By what date must the invoice be paid to take advantage of the discount?

 b. As the bookkeeper for Diane's how much will you send the supplier?

 $

What does the n stand for?  

 
 Nov 20, 2014

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