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.
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Stock Jan 1} & 2000 \\ \hline \text{Purchase...
Using the reducing balance method, the depreciation charged for year 2002 was Use the following...
The book value of the assets as at 31/12/86 was ...
The cash bass of accounting requires the recognition of revenue only when they are ...
The excess of income over expenditure is usually transferred to the ...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...