Hauwa Ltd bought 10bags of rice for N500 each.
The company was given 5% AND 12% trade and cash discounts respectively. What will be recorded as discount received in the company’s book?
A N250
B N570
C N600
D N850
Answer is C
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Hauwa Ltd bought 10bags of rice for N500 each.
The company was given 5% AND 12% trade and cash discounts respectively. What will be recorded as discount received in the company’s book?
A N250
B N570
C N600
D N850
Answer is C