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Modern trade as opposed to traditionnal retail shops refers to a full range of sale methods based on marketing techniques: for instance in self-service shops you have no more sales attendants behind a counter;now the customer can touch the articles.The more expensive goods will be ready at hand whereas you'll have to bend to reach good with less added value for the store.A few articles will be offered at rock bottom prices with much publicity in order to attract as many customers as possible.The display of goods is very important and needs an elaborate know-how.
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What does the acronym GATT stand for?
General Agreement On Tariffs and Trade
What is a commercial industry in a general definition?
Commercial Industry are those that makes the finished goods, supplied by the manufacturing industries, available to the consumers. Transport, trade, commerce etc are the examples of commercial industries.
Where is trade discounts recorded in?
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.NB: Remember the general rule that sales are recorded when an exchange takes place. The measurement of the sale is based on the exchange price. Therefore, the amount recorded as a sale is the invoice price. The entries previously shown for a $4,000 sale would also be appropriate if the list price was $5,000, subject to a 20% trade discount.
What are the badges of trade?
Badges of trade are the circumstances in which a trade can take place. This is important in accounting because of the differences in taxation with non-trade transactions.
What is the different between trade and non trade account?
Trade accounts are directly linked to core business activity whereas non trade accounts are not. If you are a supermarket, a trade transaction would occur with a supplier, a non-trade transaction could relate to employee benefits.
When did General Trade Company end?
General Trade Company ended in 1774.
When was General Trade Company created?
General Trade Company was created in 1749.
What is general trade?
Selling and purchasing is the most common general trade of the business.
When was Essay on the Nature of Trade in General created?
Essay on the Nature of Trade in General was created in 1755.
In 1994 what body replaced the General Agreement on Tariffs and Trade?
The General Agreement on Tariffs and Trade was succeeded by the World Trade Organization.
What is meaning of general trading?
general trade means
How have modern communications technology changed trade?
Modern communications technology has changed trade and impacted how basic trade is conducted throughout the world. It has made trade operations more systematic and organized.
When was General Federation of Trade Unions - Iraq - created?
General Federation of Trade Unions - Iraq - was created in 1959.
When was General Federation of Jordanian Trade Unions created?
General Federation of Jordanian Trade Unions was created in 1954.
When was General Federation of Nepalese Trade Unions created?
General Federation of Nepalese Trade Unions was created in 1989.
When was Palestinian General Federation of Trade Unions created?
Palestinian General Federation of Trade Unions was created in 1965.
When was General Confederation of Liberal Trade Unions of Belgium created?
General Confederation of Liberal Trade Unions of Belgium was created in 18##.
