Accounting MascotAccounting Q&A

What is discount in sale?
submitted by m.tanveer

Razaullah

During sale the discount is offered to customer is called sale discount. It is of two types. Cash discount and credit discount. On counter the discount offered is called cash discount and the discount offered on credit that if the payment is made till the stated date the discount will be given is called credit discount. it is 2% or more

g

a reduction of an amount of a sales

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