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    College Accounting
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    Exam 8: Accounting for Purchases and Accounts Payable
  5. Question
    The Discounts That Are Offered by Suppliers to Encourage Quick
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The Discounts That Are Offered by Suppliers to Encourage Quick

Question 53

Question 53

Short Answer

The discounts that are offered by suppliers to encourage quick payment of invoices by customers are known as ____________________ discounts.

Correct Answer:

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