Accountancy, asked by udaykira2001, 11 months ago

journal transaction of trade and cash discount ​

Answers

Answered by subham322669
1

Explanation:

Trade Discount vs Cash Discount Journal Entry

Further, a discount of $500 was allowed to him for making immediate payment. ... Next, the discount received by Mr.X of $500 for making immediate payment is a cash discount, and it is allowed on the invoice price of the goods.

Previous Question
Next Question
Similar questions
Chemistry, 5 months ago
03) ఈ క్రింది వానిని విడదీసి సంధికార్యములు వ్రాయుము. a) కట్టకడు b) పాదోదకము c) అయ్యనలము d) తల్లిదండ్రులు e) ప్రత్యక్షము D విగతాశ పరమేశుడు i) i ) తన్మయత కకులాంగన​...
English, 5 months ago
present and past participle of word knot​...
Sociology, 5 months ago
Sociology is a systematic study of reflections as well as​...
English, 11 months ago
bad habits die hard essay 250 words ​...
Science, 11 months ago
pls answer the 4th question​...
English, 1 year ago
Teachers are required in a classroom inspite of having advanced technology. "express your views for or against this statement'...
Math, 1 year ago
6x+7y+3z=12,7x+9y+5z=21 solve it ouestion...
Science, 1 year ago
difference between static friction and kinetic friction...