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

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

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

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'.

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

its issued at the end of the month

its issued at the end of the month

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)

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

June 8

they take about £10000 a month

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

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.

10000

About 10000$ a week.

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.

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.