Register
Wt are the difference between cash discount and trade discount?any entry need to be made?
217k views
0 votes
Wt are the difference between cash discount and trade discount?any entry need to be made?

User JChristian
by
5.6k points

1 Answer

6 votes
A discount given by the seller to the buyer as a deduction in the list price is trade discount. A deduction in the amount allowed by the seller to the buyer in return for immediate payment is cash discount
User Rakesh Burbure
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!