O-LevelAccountingSources and recording of data7707/11 · Oct/Nov 2011 · Q61 Mark
Zoran was given the following discounts by his supplier when he bought goods, list price $4000. trade discount 25% cash discount 5% Which amount would be entered in the discount received column of Zoran's cash book when payment was made?
A$150
B$200
C$1000
D$1200
✓ Correct answer
A: $150
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