Accountancy, asked by shatatarka, 10 months ago

is trade discount account real or nominal?​

Answers

Answered by sujiritha95
6

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

Answered by snehadolase92607
1

Answer:

Is it is nominal account

Explanation:

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