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What is trade discount accounted for in accounting records

Questions -

1- What is trade discount accounted for in accounting records?

2- How is purchases discount accounted for and give example?

3- how is transportation costs accounted for and give examples?

4- Give examples for income statement in service organization and merchandising companies?

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Accounting Basics: What is trade discount accounted for in accounting records

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Accounting Basics: What is trade discount accounted for in accounting records

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