how to calculate total cost when trade discount, capital and revenue expenditure is given?
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If the discount is a percentage, you calculate the trade discount by converting the percentage to a decimal and multiplying that decimal by the listed price
A revenue expenditure (or Income Statement Expenditure) refers to expenses that are charged to expense accounts as soon as they're incurred on a day-to-day basis. They are matched against the revenues in that same time period and deducted from those revenues.
Explanation:
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