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This query is : Resolved
07 April 2009
why trade discount is not recorded in books of accounts,pls reply
07 April 2009
Do you find difficulty with specific topics of Account that you did not understand, answer the doubts that you have.
Available a friendly neighbourhood teacher would pop in to explain those concepts you did not understand in class?
jaygulani@yahoo.co.in
Available a friendly neighbourhood teacher would pop in to explain those concepts you did not understand in class?
jaygulani@yahoo.co.in
08 April 2009
AS its the discount given in order to get the goods to be sold to the other person
its not loss to the company
its a gain to the company as goods are sold ( indead it increases the sales
so it is not recorded
where as cash discount is loos to the company so it is recorded
its not loss to the company
its a gain to the company as goods are sold ( indead it increases the sales
so it is not recorded
where as cash discount is loos to the company so it is recorded
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