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Knowledge Check 01 Trade discounts represent: Multiple Choice a reduction in the customers...

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Accounting

Knowledge Check 01 Trade discounts represent:

Multiple Choice

a reduction in the customers balance owed because of a deficiency in the companys good or service.

a return of products by a customer.

a reduction in the listed price of a good or service.

a reduction in the amount to be received from a credit customer if collection occurs within a specified period of time.

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