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  3. credit terms of 210,n30 imply that the seller offe

Credit terms of 210,n30 imply that the seller offers the purchaser a 2% cash discount...

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Accounting

Credit terms of 210,n30 imply that the seller offers the purchaser a 2% cash discount if the amount is paid within 10 days of the invoice date. Otherwise, the full amount is due in 30 days.
True or False
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