Accountancy, asked by NeutrinoxAlvi, 20 days ago

Why we don't show sell discount trade in the cash book?

Answers

Answered by siddheshgolatkar288

Answer:

Trade Discount is allowed as a general discount to all the customers to promote the sales. Trade discount is allowed on the list price and sales is done on the basis of net price i.e. list price minus trade discount. Hence trade discount is not recorded in books of account.

Previous Question

Next Question

Similar questions

Math, 10 days ago

एक त्रिभुजाकार खेत का क्षेत्रफल 600 वर्ग मीटर तथा ऊँचाई 60 मीटर है तो उस खेत का आधार ज्ञात करें।...

Math, 10 days ago

1. Use the diagram above to find the missing output below FEMS ILAT LATI 23PAL ZLPA3 LFBL Use the diagrarn above to find the rising output below FEMTI - LMTIL O ELT1F OLFEML 1 FEMT...

Biology, 10 days ago

guys answer this.. as soon as possible please.. *no spams*...

Math, 20 days ago

Dots (.) =comma's (,) 12). Depict each number on a number line $\frac{1}{3} . \frac{1}{4} .\frac{1}{9} . \frac{1}{10}$ ❌✖️❎ Spammers account will be reported ❎✖️❌ ☑️❌✖️DONOT TELL USELESS STUFF❌✖️❎ ✔️✅☑️Correct answer will be brainlest and user's all answers will be thanked.✅✔️☑️. ❌✖️❎THIS IS MY LAST WARNING ❎❌❎ ✅✔️☑️I KNOW A MODERATER (PERSONALLY) ❎❌✖️✖️❎❌✖️DON'T COME WITH THE...