MCQOPTIONS
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| 1. |
Which of the following statement is correct regarding ' Cash Discount' ? |
| A. | It is deducted from net price ( |
| B. | It is deducted from List price ( |
| C. | It is not recorded in books of accounts ( |
| D. | None of these |
| Answer» B. It is deducted from List price ( | |