The list price of goods sold was 72,000. A trade discount of 10% and 5% cash discount
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The list price of goods sold was £72,000. A trade discount of 10% and 5% cash discount are on offer. The VAT to be included on the invoice would be:
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a £9,800 b £10,773 c £11,340 d £12,600
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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