Q: What does the term net 5th of the month mean?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

A net is an unfolded 3D geometrical shape

The net of a cube is a 2 dimensional representation of it.

resultant

net pay

It depends on the things that you purchase and the money coming in. This will vary everyday for the business.

Related questions

It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised

net 30 MF

EOM means "End of Month"

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

What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?

What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?

It means you pay on the 25th of each month

The term topology means the configuration of network communication through net connection.

The total bill is due 15 days after month end

The term net 90 refers to an invoice or bill that is more than 90 days past due.

The term 2 15th prox net 30 terms is an accounting term indicating when payment is due. The payment for this would be that half is due on the 15th of the month and the balance due in 30 days.

Net assets