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(Querist)
07 April 2009 why trade discount is not recorded in books of accounts,pls reply
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jaygulani

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jaygulani (Expert)
07 April 2009 Do you find difficulty with specific topics of Account that you did not understand, answer the doubts that you have.
Available a friendly neighbourhood teacher would pop in to explain those concepts you did not understand in class?

jaygulani@yahoo.co.in
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
08 April 2009 AS its the discount given in order to get the goods to be sold to the other person

its not loss to the company

its a gain to the company as goods are sold ( indead it increases the sales

so it is not recorded

where as cash discount is loos to the company so it is recorded
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