Multiple Choice
Match the items below by choosing the appropriate code letter .
-A credit received by registered suppliers for all the GST paid on goods purchased.
A) Net sales
B) Cash discount
C) Credit terms
D) Periodic inventory system
E) Gross profit ratio
F) Contra revenue
G) Freight-out
H) Gross profit
I) Sales invoice
J) Business activity statement
K) Input tax credit
L) Purchase discount
Correct Answer:

Verified
Correct Answer:
Verified
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