what is the difference beetwen trade discount and rebate &
discount
- 5 Answers
- 14031 Views
- Chartered Accountant, Punjab and Sind Bank, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Expand--------CMTS
What is the content of purchase order? n content of voucher? what is the main use of voucher.
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
Have you worked with other on team endeavors
Short Answer on __________Measurement
can payorder be issued for outstation?if yes then how?should it be account payee?
Distinguish capital and revenue expenditure
Why you want to leave your present job while they offer you with good offer?
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
What is the Technology used to carry out trades?
Expand---------EDP
how many types of practice accounts?
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
what are the steps used in UAT in Oracle Apps?
