The elder Lee's brother is a director in the company, which entitled them to the legal discounts allowed by Singapore laws.
2.
Discount allowed is an expense as the discount allowed is the cost to the seller of obtaining an inflow of cash from a debtor weeks earlier than would be the case.
3.
Discount allowed is an expense as the discount allowed is the cost to the seller of obtaining an inflow of cash from a debtor weeks earlier than would be the case.
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