what is the difference between cash discount and trade
discount.
what is the journal entry for purchase of 100000 giving
(a) 5% trade discount
(b) 5% cash discount.
Answer Posted / puja
cash discount is given to the debtor with the aim to get
payment fastly whereas trade discount is given with the aim
ot purchase at high quantity
Is This Answer Correct ? | 8 Yes | 0 No |
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