what is the difference between cash discount and trade
discount.
what is the journal entry for purchase of 100000 giving
(a) 5% trade discount
(b) 5% cash discount.
- 20 Answers
- 52606 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / puja
cash discount is given to the debtor with the aim to get
payment fastly whereas trade discount is given with the aim
ot purchase at high quantity
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
Define decommission liability?
When should a company sack its auditor?
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
What do you find the most challenging in Accpuntant role
What are documents need to vouch while doing sales vauching?
what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.
Why do you want to work in audit?
who is the auditor and his deautis
Tell me that how I can evaluate the internal control audit?
what audit procedure i can do in the share capital account of a company and why it have been apply?
which type audit for your company account
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
How to involve people in audit?
