Accountancy, asked by sharmadebindra2019, 17 hours ago

how is trade discount to shown in subsidiary books​

Answers

Answered by Anonymous
1

Answer:

It is provided as a business consideration such as trade practices, large quantity orders, etc. ... Trade discount is not shown in a ledger account, the net amount thus calculated after deducting trade discount from the cost of goods purchased is posted to the debit side of purchase account in the ledger.

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Answered by Aadvikkatna
1

It is provided as a business consideration such as trade practices, large quantity orders, etc. ... Trade discount is not shown in a ledger account, the net amount thus calculated after deducting trade discount from the cost of goods purchased is posted to the debit side of purchase account in the ledger.

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