Which (if any) of the following statements is false?
A. The invoice is a written statement about goods that were ordered, along with their prices and the payment dates. In other words, the invoice is simply the bill for purchases.
B. For the 4/10, net 40 credit terms, you are offering a total credit period of 30 days from the date of the invoice, a discount period of 10 days, and a 4% discount if paid on or before the discount period expires.
C. When a firm is using invoice billing, the invoice that accompanies shipment is a separate bill to be paid.
D. none of these
A. The invoice is a written statement about goods that were ordered, along with their prices and the payment dates. In other words, the invoice is simply the bill for purchases.
B. For the 4/10, net 40 credit terms, you are offering a total credit period of 30 days from the date of the invoice, a discount period of 10 days, and a 4% discount if paid on or before the discount period expires.
C. When a firm is using invoice billing, the invoice that accompanies shipment is a separate bill to be paid.
D. none of these
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