Interested to Buy Any Domain ? << Click Here >> for more details...
what is cash discount?
- 7 Answers
- 11972 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / g.siva nageswara rao
It is allowed by the creditors to the debtor an incetives
to thelater to make earlypayment.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / pradeep
cash discount is an discount given by the suppliers to the purchaser,when purchaser have ready to pay full amount of credit purchase money at single time.
e.g:- a purchaser have to pay 1000 Rs to his supplier with in 1 month(1-01-2000 to 31-01-2000). but purchaser ready to pay that amount in 15-01-2000.so because of his early payment supplier his ready to give cash discount of 100 Rs to purchaser.
Journal entry:
Supplier a/c Dr 900
Cash discount a/c Dr 100
To cash a/c 1000
| Is This Answer Correct ? | 10 Yes | 5 No |
Answer / kalloo lal
cash lene p jo discount mil jaye wo hi cash discount hot
hai bhai sahab.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / g.sivakumar
in some times we are giving some cash back on sales that is
called as cash discount.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / s v sudhakar
A cash discount is a deduction allowed by the seller of goods or by the provider of services in order to motivate the customer to pay within a specified time. The seller or provider often refers to the cash discount as a sales discount. The buyer often refers to the same discount as a purchase discount.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / guest
if any company sales to goods to customer. if customer pay
at a time the company gives cash discount
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / vishnu gopal kharche
The cash discount get from shopkeeper to parchaser when the
purchaser buy things by cash against cash memo & not
against credit bill.This policy maintain by shopkeeper for
increase the sale.
| Is This Answer Correct ? | 0 Yes | 2 No |
v, An amount spent for inaguration of new factory building is A, revenue expenditure B, capital expenditure c, prepaid expenditure d, none of the above
We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?
How P/E ratio usefull to the different people?
0 Answers Capital IQ, Reliance,
Why some asset accounts have a credit balance?
Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.
1 Answers Reflective Aluminium Glass,
what is the differece between salary and remuneration?
what is investment banking?
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
any one provide me mm & fi configration steps
What is the difference of cost accounting and financial accounting?
if we import the good from usa rs 50000 and deposite in ware house what is the entry in tally
Can any one tell me about Accounting Software, which Accounting software is useful for my studies ?
Audit 
