Question: A purchase allowance can be described as: a discount given by the seller of merchandise for early payment the reduction in the sales price of

A purchase allowance can be described as:
a discount given by the seller of merchandise for early payment
the reduction in the sales price of an item because of the quantity purchased
a reduction in the cost of defective or unacceptable merchandise that a buyer acquires
the implied interest paid when not taking advantage of a purchase discount
A purchase allowance can be described as: a discount given by

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