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what is the difference beetwen trade discount and rebate &
discount
- 5 Answers
- 15480 Views
- Chartered Accountant, Punjab and Sind Bank, I also Faced
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Answer / srinivas annavarapu
Trade discount is normally given to the regular customers
who are buying the products (wholesaler to retailer)in
large numbers. It can be like if you buy 100 numbers we
will give you 10 numbers free or buy for Rs.1000/- and get
100/- worth free.
Rebate is like buy for 1000/- and pay only Rs950/-(Ex: year
end clearance sale)
Discount is similar to above but will be given for Credit
customers.. like if you pay within one week 10%, within 15
days 5% and morethan 15 days no discount.
| Is This Answer Correct ? | 28 Yes | 5 No |
Answer / guest
trade discount is given at the time of sale where for rebate
it is given as copensation
| Is This Answer Correct ? | 11 Yes | 5 No |
Answer / sujata prabhakar
Trade Discount is the discount given to all customer in
normal course of business. it is the general practice
followed by the seller or manufacturer.
on the contrary rebate is concession given to buyer by
seller.
normal discount is the discount on total consideration to
be paid by buyer to seller based on fulfillment of
conditions of sale.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / rajesh
TD = Quantative concession
RBT = Money concession
CD = Concession for On the counter payment
Discount = Concession for prompt or early payment
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mohit
TRADE MEANS BUSSINESS WITH ANY COUNTRY.
DISCOUNT MEANS GIVING CONSESSION.
AND
TRADE DISCOUNT MEANS GIVING CONSESSION IN TRADE ACTIVITIES.
REBATE DISCOUNT MEANS GIVING INFORMATION ABOUT TRADE
| Is This Answer Correct ? | 0 Yes | 15 No |
IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"
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