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difference between trade discount and cash discount

Posted by Anmol Kaur 6 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Yogita Ingle 6 years, 8 months ago

A discount given by the seller to the buyer as a deduction in the list price of the commodity is trade discount.	A deduction in the amount of invoice allowed by the seller to the buyer in return for immediate payment is cash discount.
To facilitate a bulk sales.	To facilitate a prompt payment.
It is shown in invoice as a deduction itself.	It is not shown in invoice.
It allowed at the time of purchase.	It allowed at the time of payment.
Allowed to all customers	Its not allowed to all customers

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