Accountancy, asked by lovepreetkaur903, 7 months ago

cash discount is provided on

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Answered by Anonymous
49

Answer:

Cash discounts are incentives offered to buyers that reduce the amount owed to the seller by either a fixed amount or a percentage of the total bill. If an invoice fx is due in 30 days, a seller could offer the buyer a cash discount of say 2% if the invoice is paid within the first 10 days of receipt.

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Answered by ritanmay2007
0

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