The purchase discount amount is calculated on the amount of the invoice minus the returns and allowances

Indicate whether the statement is true or false

TRUE

Business

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Reduction given to company customers for early payment is a:

A) sales returns and allowance. B) purchase discount. C) sales discount. D) customer discount.

Business

E-mail can be obtained during discovery when a company is in litigation

Indicate whether the statement is true or false

Business