Daffodil International University

Faculties and Departments => Accounting – The Language of Business => Business Administration => Business & Entrepreneurship => Financial Accounting => Topic started by: MD. ABDUR ROUF on October 21, 2018, 03:10:15 PM

Title: Eplain the Terms 2/10, n/30 ; 2/10 EOM,n/60
Post by: MD. ABDUR ROUF 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.