Accountancy, asked by bhuvanasaisagarika, 4 months ago

what do you understand by trade discount and cash discount​

Answers

Answered by bharatjha01
1

Answer:

Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim of increasing the sales in bulk quantity, whereas Cash discount is granted to facilitate a quick payment. A trade discount is shown as a deduction in the invoice.

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