A CAR RUNS 24km IN 1 LITRE PETROL. HOW MUCH IT COVER DISTANCE IN 1.75 PETROL?
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is provided as a business consideration such as trade practices, large quantity orders, etc. ... Trade discount is not shown in a ledger account, the net amount thus calculated after deducting trade discount from the cost of goods purchased is posted to the debit side of purchase account in the ledger.
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