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Complete the following sentence: The amount deducted by the seller from the list price of goods at the time of sale is - Book Keeping and Accountancy

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Question

Complete the following sentence:

The amount deducted by the seller from the list price of goods at the time of sale is ____________

Fill in the Blanks
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Solution

The amount deducted by the seller from the list price of goods at the time of sale is a trade discount.

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Chapter 1: Introduction to Book - Keeping and Accountancy - EXERCISE [Page 18]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 6. 4) | Page 18
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