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