An invoice with the following

An invoice with the following terms 1/20, n/30 translates
as:

a 1% cash discount may be taken if paid in 20 days; if no cash
discount is taken, the balance is due in 30 days after the middle
of the month.

b 1% cash discount may be taken on 20% of the purchase if the
account is paid within 30 days after the end of the month.

c 1% cash discount may be taken if paid in 20 days; if no cash
discount is taken, the balance is due 30 days after the end of the
month.

d 1% cash discount may be taken if paid in 20 days; if no cash
discount is taken, the balance is due 30 days after the invoice
date.

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