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Cash in hand (+DR)

Inventory (-CR)

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Bank, hair salon, massage parlour

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sales return +

cash in hand -

inventory +

cost of sales -

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trade discounts are not recorded in ledger accounts but cash discounts are recorded in ledger accounts as discount allowed

trade discounts encourage early repayment and customer loyalty but cash discounts encourage bulk purchases

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uploading the shoe on social media to advertise it to potential customers

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Cut salaries

Buy supplier in bulk for discounts

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6.30% per annum

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cash at bank +

inventory -

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They can sell very different things from eachother

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I realised business also sell NCAs as inventory

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Some of them offer very good discounts while other offer lesser good discounts.

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improve the variety of inventory sold

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some discounts are a scam like they earn a profit by having discount

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I would try to have frequent discounts to allow me to have more customers to come to my business.

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allow peiple to try some stuff

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$1129.97 (rounded to 2d.p)

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Invest heavily in advertising