A reduction in the catalogue price of an article given by...
A reduction in the catalogue price of an article given by a wholesaler to a retailer is called a?
Bad debt
Trade discount
Premium
Cash discount
Correct answer is B
No explanation has been provided for this answer.
Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,40...
Gross profit b/d Less: Salaries and wages  ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
Which of the following is/are true? i. depreciation charges increase profits ii. reduc...
The transfer of goods between departments is recorded be debiting ...
Debts that a firm is unable to recover are debited to bad debts account and credited to ...
The chief accounting officer of a local government is the? ...