trade discount is shown in the discount column of the cashbook true or false
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Answered by
48
Answer:
True statement
Explanation:
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Answered by
0
Answer:
The answer to this question is false.
Explanation:
According to given question trade discount is shown in the discount column of the cashbook is ?
Trade discount is a general discount, allowed on a catalog price or on the price list price. for increasing the sale or to give sufficient margin to retailers, generally trade discount is not to be recorded in the books of accounts.
Hence trade discount is shown in the discount column of cashbook is false.
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