A deduction from the sales price of goods that is allowed...
A deduction from the sales price of goods that is allowed if payment is made within a specified period of time
Trade discount
Cash discount
Quantity discount
Rebate
Correct answer is B
No explanation has been provided for this answer.
Use the following information \(\begin{array}{c|c} & ₦\\ \hline\text{Opening capital} &am...
Profit expressed as a proportion of cost price is known as ...
A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of i...
Use the following to answer the given question Creditors Control Account: \(\begin{array}{c|c}...
Rent is apportioned each department on the basis of ...
Errors in the ledger can be corrected through ...
The accumulation fund of a non-trading concern can equally be referred to as ...