Differentiate between Trade discount and Cash Discount
OR
Classify the following items into Personal, Real and Nominal
Accounts:
(1) Capital (2) Sales (3) Drawings (4) Chandrashekhar
(5) Advertising (6) Outstanding Salary
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good quetion but o dont know
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business all over the world You stepped tried and tested process of increasing sales of the products by offering discounts. discount results in the reduction of the selling price of product which makes it more attractive for the customer full stop production in prize makes a physiological impact on the customer which results in the purchase full stop the two types of discount offered are trade discount and cash discount.
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