Accountancy, asked by guptaji46, 10 months ago

what is cash discount

Answers

Answered by sparshchug5

3

Answer:

Cash discounts are incentives offered to buyers that reduce the amount owed to the seller by either a fixed amount or a percentage of the total bill. If an invoice fx is due in 30 days, a seller could offer the buyer a cash discount of say 2% if the invoice is paid within the first 10 days of receipt.

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Answered by needy26

1

Answer:

Hyy mate....

The amount lessen than its original price is called cash discount .

HOPE IT HELPS YOU...

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