Accountancy, asked by ananyadob2002, 7 months ago

diff between trade discount and cash discount​

Answers

Answered by akanksha1435
1

Answer:

Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim of increasing the sales in bulk quantity.

Cash discount is granted to facilitate a quick payment. A trade discount is shown as a deduction in the invoice.

Explanation:

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Answered by sana9586
0
Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim of increasing the sales in bulk quantity, whereas Cash discount is granted to facilitate a quick payment. A trade discount is shown as a deduction in the invoice. Mark me as brilliant please
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