Accountancy, asked by wwwpayalshah0406com, 9 months ago

what is the example of trade discount​

Answers

Answered by Anonymous
0

 \huge \underline \mathfrak \green{Answer}

  <marquee bgcolor = "yellow"  >  For example, when goods with list prices totaling $ 1, 000 are sold to a wholesaler that is entitled to a 27% trade discount, both the seller and the buver will record the transaction at S730.  There will not be a general ledger account entitled Trade Discount.

Answered by swapna68
3

Explanation:

example of the trade discounts : for example one product may have a catalog price of $100 casual buyers will be charged $100. however a, receller will be give a trade discount of 20 percent from the cartalog price , and will be charged $80

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