The sales discount is based on: Select one: a. Invoice price plus freight out b. Invoice price plus freight in c. Invoice price less return and allowances d. Invoice less discount Question 44 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The basic purpose of accounting is to: Select one: a. Develop financial statements in conformity with generally accepted? b. Meet an organization's need for accounting information as efficiently as possible. c. Record changes in the financial position of an organizations by applying the concepts of double-entry accounting. d. Provide as much useful information to decision makers as possible, regardless of cost