Fill in the blank:___________ is concession allowed for bulk purchase of goods or for immediate payment. - Book Keeping and Accountancy

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Fill in the Blanks

Fill in the blank:
___________ is concession allowed for bulk purchase of goods or for immediate payment.

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Solution

Cash discount is concession allowed for bulk purchase of goods or for immediate payment.

Concept: Recording of Journal Entries
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Chapter 3: Journal - Exercises [Page 82]

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