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We are pleased to receive and examine your request on the revised invoice on 28 June 2012. Thank you for your interest in Astro
However we regret to inform you that we are unable to accommodate your request as
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Does a reduction in share price decrease company profit?
No, a reduction in a company's share price has no effect on the company's profits.
Does the sales discount increase an operting expense account?
Sales discount is a reduction of actual sales. It is not an expense rather it is the reduction is selling price which reduces the sales.
How do you report utility rebate on form 1040?
Utility rebates are not reported as income as cited in IRS publication 17 under "utility rebates". A reduction in the purchase price of electricity to your home or a nonrefundable credit to the price of your utility bill are not required to be reported as income
What are credit and debit balances in accounting?
A credit balance shows up on a vendor statement when you have returned defective goods, for example. You can call the vendor and request a check for that amount or apply it to any outstanding balance that you owe that vendor. Do you mean "debit memo" instead of debit balance? A debit memo is sent to a vendor to let it know that you are making a deduction from what you owe to cover defective goods, a short shipment, a price reduction, or some other matter. When the vendor receives the debit memo and agrees with your reduction, it will send you a credit memo. And then, you may have a credit balance on your account- depending on whether or not you owe them any money.
Why is trade discount not recorded in books of accounts?
Product catalogs often provide a list price for an item. Those list prices may bear little relation to the actual selling price. A merchant may offer customers a trade discount that involves a reduction from list price. Ultimately, the purchaser is responsible for the invoice price, that is, the list price less the applicable trade discount. Trade discounts are not entered in the accounting records. They are not considered to be a part of the sale because the exchange agreement was based on the reduced price.
How do you write a letter to supplier to reduce price due to reduction in raw material price?
In an ideal world, when the price of a raw ingredient is reduced, the price of the product should also be reduced. When this does not happen it would be appropriate to request this price reduction in writing. In the letter, the fluctuation in prices should be noted along with any precedent of the action.
How do you write a letter for asking price reduction from suppliers due to raw material reduction?
price reduce letter
Do you have a sample letter requesting a price reduction?
If you want to write a letter requesting a price reduction, you'll need to give information about the product. You will also need to explain why you want a price reduction on the item.top
How do you write a letter for asking price reduction from supplier due to raw material reduction?
In order to write a letter for price reduction from a supplier due to raw material reduction, you must first aquire the required documentation from your local attorney at law, and they will be able to help you.
What is purchase price reduction?
A sale price.
What is the definition of percent of discount?
That means that there is a discount (a price reduction, compared to the "official" price), and that this reduction is calculate as a percentage of the total price.
How do you compose a letter to vendors asking them to lower their prices?
Be polite when you write a letter requesting a price reduction. State your reasons for asking for the reduction. For example, if you could get something for less money elsewhere, mention this. Once you state your reasons, ask for the person to consider your request and end the letter by letting the person know that you are awaiting their response.
The price of a blouse after a 30 percent reduction if the price before the reduction was P?
7 x P/10
Does a reduction in share price decrease company profit?
No, a reduction in a company's share price has no effect on the company's profits.
How do you write a letter to request to buy a phone from your employer?
You can just write a simple note to whoever has the phones. You can request that you are allowed to buy the phone and tell why. You can also put a price offer in your letter.
What is a word that means the opposite of full price that starts with the letter d?
The word "discount" (discounted) means at less than full price, often defined as a percentage reduction from the full price.
What is meant by price discounts?
A reduction in the price of an item being sold.
