————– is a reduction given by the supplier of goods to a buyer if the latter pays for them within a period stipulated by the seller at the time of sale. Posted on:
____ system is an accounting system whereby every transaction that has to be recorded gives rise to two entries Posted on:
The cash and bank accounts are taken out of the ledger and combined into a single book the ——— Posted on:
————– can also be used to record transactions that are not appropriate to any other book of prime entry Posted on: