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What is the difference btwn "Sales" and "Turnvoer".

Answer Posted / d.v.sridhar

Sales = Turnover - Discounts if any - Taxes related to
production.

In a more understandable way, turnover is the gross sales,
which includes Discounts and Taxes related to that
particular product/service.

*Discounts include Trade Discounts
*Taxes include Turnover taxes etc.,

Is This Answer Correct ?    11 Yes 7 No



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