Question

difference between trade discount and cash discount
at least 4 points​

Answer 1

first trade discount is not shown in the book of account whereas the cash discount is shown.

Answer 2

Answer:

Explanation:

1) Trade dicount is given on both cash and credit transactions

1) Cash discount is given only on cash transactions

2) trade discount is mostly, given for bulk, purchases

2) cash discount is given for prompt payment of cash or either by cheque