Accountancy, asked by mandeeprana66853, 6 months ago

give the difference between grade discount and cash discount​

Answers

Answered by Anonymous
6

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

Explanation:

please mark as BRAINLIST

Answered by shubhamvinay9
0

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

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