Question

is trade discount account real or nominal?​

Answer 1

Answer:

Trade discount is a nominal account

Explanation:

Trade discount is the discount given to customers or debtors  , which is indirectly expenses to the company . expenses are category in to nominal account .

Treatment of trade discount

Trade discount gets minus from purchase amount  . net amount after deduction is reported as net purchases

Answer 2

Answer:

Is it is nominal account

Explanation: