Question :

The rate of trade discount varies with the ________ purchased


A) Total asset
B) Current asset
C) Quantity
D) None of these

Answer : C

Description :


Trade discount is a discount which is referred to as, discount given by the seller to the buyer at the time of purchase of goods. It is given as a deduction in the list price or retail price of the quantity sold.


Related Questions - 1


Which option is used to make changes in created Groups of Ledgers in Tally


A) Create
B) Display
C) Alter
D) Change

View Answer

Related Questions - 2


How many types of Measurement Units we can create in Tally


A) 2
B) 3
C) 5
D) Unlimited

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Related Questions - 3


Default ledger accounts in tally are ________


A) Balance sheet profit & loss and trial balance
B) Profit & loss and trial balance
C) Cash and profit & loss accounts
D) Cash and bank accounts

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Related Questions - 4


Which shortcut key is used in Company Features screen to use Accounting Features in Tally


A) F1
B) F2
C) F3
D) F4

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Related Questions - 5


Which option is used to view list of Primary and Secondary groups in Tally


A) List of Accounts
B) Accounts
C) List
D) None of these

View Answer