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08-16-2006, 10:51 PM	#1
wbb Junior Member Join Date: Mar 2006 Posts: 117	accounting problem what does the format N/30 mean? in terms of accounting?
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08-16-2006, 10:55 PM	#2
311Griff Senior Member Join Date: Nov 2005 Location: Wherever you go, there you are Posts: 1,099	It's the terms for the payer of a transaction. The payer will pay the payee the net of what they owe within 30 days. Usually without any interest added.
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