Accountancy, asked by PragyaTbia, 1 year ago

Payment of the bill before due date. Answer in a word / phrase / term.

Answers

Answered by swethaspoojary
3

Answer:as per the terms 30 days payment term

Explanation:

Answered by dreamrob
2

This is called Retirement Bill.

When a person makes the payment of bill before due date it is called retirement of a bill.

• That means a person gains premature payment it is called rebate or discount.

• The retirement of a bill is an income for the particular person and expense of the drawer.

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