1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

wHAT IS THE DISTINCTION BETWEEN TRADE DISCOUNT AND CASH
DISCOUNT

Question Posted / satyaki_raju@yahoo.co.in

Answers were Sorted based on User's Feedback



wHAT IS THE DISTINCTION BETWEEN TRADE DISCOUNT AND CASH DISCOUNT..

Answer / venkatesh

trade discount is discount allocating the materials , cash
discount means when the payment collecting from the customer
its known as CD

Is This Answer Correct ?    1 Yes 0 No

wHAT IS THE DISTINCTION BETWEEN TRADE DISCOUNT AND CASH DISCOUNT..

Answer / akashbhardwaj

Cash discount is shown in the entry but Trade discount is
not shown in the entry

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry

0 Answers  

what is the core accounts

0 Answers   SMS Pharmaceuticals,

which type of account is income tax is it a personal,real or nominal or what?

5 Answers   Asian School of Business Management,

according to double entry system there are three types of account... so what is the nature of suspense account??

1 Answers  

what about your self

8 Answers   Capital IQ, FactSet Systems,




what is the meaning of Journal Ledger?

11 Answers  

Short Answer on __________Partnership

2 Answers  

what is derivaties, equities, and mutul fund

4 Answers   BPO,

What is Split And buy-back?

0 Answers   Mellon,

Please mention the procedure of Deducted TDS on Salary? If My Salary is Rs.250000/- PA. than how to deduct TDS on it?

11 Answers   ABC,

what is the Meaning W.D.V in balance sheet.

2 Answers  

what s BSPL and its significance?

0 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories