Welcome to College Confidential!

The leading college-bound community on the web

Sign Up For Free

Join for FREE, and start talking with other members, weighing in on community discussions, and more.

Also, by registering and logging in you'll see fewer ads and pesky welcome messages (like this one!)

As a CC member, you can:

  • Reply to threads, and start your own.
  • Post reviews of your campus visits.
  • Find hundreds of pages of informative articles.
  • Search from over 3 million scholarships.
Home / / /
Please take a moment to read our updated TOS, Privacy Policy, and Forum Rules.
New Discussion

accounting problem

wbbwbb Registered User Posts: 122 Junior Member
edited August 2006 in Business Major
what does the format

N/30 mean? in terms of accounting?
· Reply · Share on Facebook

Replies to: accounting problem

  • 311Griff311Griff Registered User Posts: 1,586 Senior Member
    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.
    · Reply · Share on Facebook
This discussion has been closed.