Accountancy, asked by samir673883958, 1 year ago

difference between trade discount qnd cash discount

Answers

Answered by Potlia0001
11
trade discount is one that is allowed by the wholesaler to the retailer, calculated on the list price of the product, whereas cash discount is allowed to stimulate instant payment of the goods purchased. The main difference between trade discount and cash discount is that ledger account is opened for a cash discount, but not for a trade discount.
Answered by muzamillone682
2

Caah discount:means we are discount on deters necesser

And trade discount:e,g purchese of goods and sale of 900 as loss that means trade discount

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