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we have 3 types of discounts: cash, trade(bulk) and settlement.
could you tell me please how is the sales tax calculated? after all have been deducted?Cash and settlement discount are the same thing as far as the exam is concerned.
The sales tax is calculated after all discounts have been subtracted (even if they do not pay on time and do not get the cash/settlement discount – we do not recalculate the sales tax).
Thank you very much!:) God bless you!
I remember about recalculation from lecture, yes!
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