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Q: An Invoice for $100.00 is received on the 1st of the month with terms 110net30.?
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What is the definition of the payment term msn-2-3?

I believe it means the payment is made on the 2nd of the 3rd month following the date of invoice.

How much interest does 10000 earn a month at 5 percent?

It depends on how it is calculated, but here is a list of the common answers depending on the method of interest earning: Compounded Annually: $10,000 x .05 = $500 / 12 = ~ $41.67

Is child support received every Friday if there are five Fridays in one month?

If the court order states that support is payable every Friday, yes.

Examples of quantitative data?

Quantitative data is Information that can be expressed in numerical terms, counted, or compared on a scale. An example of a quantitative data is: 'the number of 911 calls received in a month'.

How much interest does 10000 earn a month?

That depends on where you put the money, and what the interest 'rate' or percentage is there. If you put the money in a mayonnaise jar and bury it under the back porch, it earns a steady, reliable, dependable "zero" in interest, every month, for as long as you leave it there. You can't lose ! If you put it in a bank account or other investment that pays, let's say, 6 percent annual interest, compounded monthly, then at the end of the first month, you'll get 50 added on top of your original 10,000. Then you'll have 10,050, so at the end of the second month, you'll get 50.25 added on top of the 10,050 and you'll have 10,100.25 going into the third month. It all depends on what percent annual interest they pay, ANDhow often they pay it.

Related questions

When is a sales invoice issued?

its issued at the end of the month

When is sales invoice issued?

its issued at the end of the month

What is shown on a customer statement?

Typical components on a Customer Statement: Date of Statement Customer Name & Address Customer Number/Account Number Detail of charges for the month (or other period) such as: date of invoice, invoice number, invoice amount. Beginning Balance Current Charges Payments Received Balance Due (Current and Past Due)

What does net 15TH month mean?

It means that the current balance is due on the 15th of the month following the invoice.

When a 2 10 end of the month discount is used on an invoice dated May 29 a discount is allowed if the invoice is paid by?

June 8

How much does a teacher take home a month?

they take about £10000 a month

What is fifth second month proximo?

It's a payment term : to be paid on the 5th of the 2nd month after invoice date.

Why is it important to record invoice date and record date in the same month?

It is important to record invoice date and record date in the same month so you can get GST back. This can help you get rich and do other wicked physical activity.

How much does a certified nurse earn in a month?


How much does a hairstylist get paid a month?

About 10000$ a week.

Does 30 days net mean from date of invoice or from end of month in which invoice is issued?

It means 30 days after the date the invoice is received.The balance due on your bill. In other words, your entire bill must be paid within 30 days.

How do you list prepayed expenses on the liability side of the balance sheet?

Pre-paid Expenses are not listed as a liability, they are an asset. If there is a liability, by definition, it has not been pre-paid. If you receive an invoice in Month 1 which is due in Month 2 for an expense related to Month 3, there would be no entry in Month 1. When the invoice is paid in Month 2, you would set-up a pre-paid expense which would then be expensed in Month 3.