Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 29. trade discounts are a. recorded as other reven

29. Trade discounts are a. recorded as other revenues and gains. b. used to induce...

80.2K

Verified Solution

Question

Accounting

image

29. Trade discounts are a. recorded as other revenues and gains. b. used to induce prompt payment. c. presented in terms such as 2/10, n/30. d. used to avoid frequent changes in catalogs

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

For borrowers with good credit scores, the mean debt for revolving and installment accounts is $15,015....

Basic Math
Q

calculate the number protons, neutrons and electrons for K+, Cl-, and C

Chemistry
Q

MATLAB Write a user defined function for a projectile motion. If a ball is launched from initial...

Electrical Engineering
Q

Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a...

Accounting
Q

A 3 00kg block is suspended by a string wrapped around a solid disk of...

Physics
Q

3 q 880 q 16 0 4 30 Two point charges placed at a distance...

Physics
Q

The 8th grade fundraiser gives away a prize for the student who guesses the number...

Basic Math
Q

Consider the graph shown in the figure which gives the velocity of an object moving...

Calculus
Q

2. The Grimm Brothers Partnership plans to distribute cash of $25,000 to long-time partner Jacob...

Accounting
Q

Analyze the financial statements for ABC company found in Case study 4 of chapter 6...

Accounting
Q

Prevented here is selected information tor there repional divivion of Ayayal Company. (a) 2. Your...

Accounting
Q

HHG Medical Supplies Limited is in the process of appointing members to fill the two...

Finance