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What needs to be done to make the following reaction go to starting materials?
Trade Discount
A reduction in the listed price of goods or services offered by sellers to buyers in the business-to-business market, often determined by quantity purchased or early payment.
Inventory Account
An account in the general ledger that tracks the value of items a company holds for sale in the ordinary course of business.
Catalog List Price
The advertised price of goods or services in a catalog before any discounts, rebates, or special offers are applied.
Sales Tax
A tax imposed by a government on the sale of goods and services, typically calculated as a percentage of the selling price.
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