Sales to customers in which the customers pay within 30 to 60 days are referred to as Credit Sales or Sales on the account.
What is a credit sale?
A credit sale is a sale transaction when the customer does not pay immediately for the goods. This implies that payment is delayed because the customer is granted a credit window.
Thus, the sales to customers in which the customers pay after the sales transaction are referred to as credit sales or sales on the account.
Learn more about credit sales at https://brainly.com/question/4068271
