what do you mean by trade and cash discount
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Explanation:
trade means to sell things to another place,like indian spices were sell in Britain by britishers in ancient times.
cash discount means to take less manak in cash from others
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Content: Trade discount Vs cash discount
A discount given by the seller to buyer as deduction in the list price of the commodity is trade discount. A deduction in the amount invoice allowed by the seller to the buyer in return of immediate payment is Cash discount. Purpose : to facilitate bulk sales.
Hope it will help you!
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