Cash discount is provided by seller. Which of the following statements is true about it? (a) It

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Cash discount is provided by seller. Which of the following statements is true about it?

(a) It is not recorded in the books of accounts.

(b) It is given if payment is made in time.

(c) it is shown in the balance sheet.

(d) It is shown in the trading account.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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