Question

what do you mean by trade and cash discount​

Answer 1

Explanation:

A trade discount is one that is allowed by the wholesaler to the retailer, calculated on the list price of the product, whereas cash discount is allowed to stimulate instant payment of the goods purchased. ... It is classified as trade discount and cash discount

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Answer 2

TRADE

Trade refers to buying and selling of goods and services.

CASH DISCOUNTS

A cash discount is an incentive that a seller offers to a buyer in return for paying a bill and owed the schedule due date.

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