Discuss the advantages and disadvantages of the two methods of accounting for purchases discounts taken in regard

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Discuss the advantages and disadvantages of the two methods of accounting for purchases discounts taken in regard to management’s needs, inventory cost, and the valuation of accounts payable.
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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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