Question

trading discount and cash discount ki journal entry​

Answer 1

Explanation:

Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. ... In the case of Trade Discount, no entry is made in the books of accounts, while the proper entry is made in the books of accounts for the cash discount.

Answer 2

Answer:

There is not entey of trading discont it is deducted from amount

The entey of cash discont is----

Cash a/c

Discont a/c

To party personal a/c

Explanation: