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can cash discount & trade discount be taken to reduce sales?

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(Querist)
21 July 2009 Can Cash discount & trade discount both be taken to reduce the sales value?

If cash discount is shown as an indirect expense in the books, can it be taken to reduce the sales value?

If cash discount which is recorded after recording sales for the month, can it be taken to reduce the sales value?
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Vishnu Saboo

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Vishnu Saboo (Expert)
24 July 2009 it is kind of adjustment in sale.
i think you can reduce, as sales value should be trated as your realization against sale invoice.
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harry

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harry (Querist)
02 August 2009 Whether Cash discount will reduce sales?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
01 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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