Inclusive or Exclusive

This query is : Resolved 

14 April 2011 While Preparing Trading Account, The Value of Purchases and Sales considered Inclusive of Tax and Discounts or Exclusive?
If Anything Above this, Please revert back with in Detail,

Thanks,

14 April 2011 Dear Krishna
It is always inclusive of taxes and discount , coz that will be shown in the purchase ledger and sales ledger respectively .
Thanks



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