Author Topic: Eplain the Terms 2/10, n/30 ; 2/10 EOM,n/60  (Read 28 times)

Offline MD. ABDUR ROUF

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Eplain the Terms 2/10, n/30 ; 2/10 EOM,n/60
« on: October 21, 2018, 03:10:15 PM »
2/10, n/30       This means 2% discount is available if the amount is paid within the first 10 days and net amount must be
                       paid within 30 days

2/10 EOM,n/60  This means 2% discount is available if the amount is paid within the first 10 days of the next month and
                      net amount must be paid within 60 days.
Dr. Md. Abdur Rouf
Assistant Professor of Accounting
Faculty of Business and Economics
Daffodil International University