a) Can you explain what entries go with trade discount, sales discount and sales returns/allowances? b) Please

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a) Can you explain what entries go with trade discount, sales discount and sales returns/allowances?

b) Please explain what the journal entry and adjusting entry is for interest receivable ?

Please explain both parts with examples.

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Business Research Methods

ISBN: 978-1473704855

1st edition

Authors: Christina Quinlan

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Posted Date: Apr 27, 2022 01:36 AM

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a) Can you explain what entries go with trade discount, sales discount and sales returns/allowances? b) Please

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Expert Answer:

a Trade discount is a type of discount where reseller gets for buying the product in bulk on the lis... View the full answer

Business Research Methods

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