Discount
This query is : Resolved
29 April 2009
What is the difference b/w cash discount and trade discount... PLz xplain...
29 April 2009
Cash discount is given as incentive to debtors for prompt or early collection of due.
However Trade discount is given to purchaser on catalogs price either to enhance sale or as a term of sale.
Cash discount is given at the time of sale, but cash discount is given at the time of collection the due amount .
Cash discount is given as a % of dues, but TD is given as a % of sale value.
Cash discount shown in book of A/cs, trade discount is not shown in book of A/cs (except day book),
However Trade discount is given to purchaser on catalogs price either to enhance sale or as a term of sale.
Cash discount is given at the time of sale, but cash discount is given at the time of collection the due amount .
Cash discount is given as a % of dues, but TD is given as a % of sale value.
Cash discount shown in book of A/cs, trade discount is not shown in book of A/cs (except day book),
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