Wt are the difference between cash discount and trade discount?any entry need to be made?

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asked Jan 28, 2018 217k views

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Rakesh Burbure · Answer 1 · 2018-02-04T05:06:29+0000

A discount given by the seller to the buyer as a deduction in the list price is trade discount. A deduction in the amount allowed by the seller to the buyer in return for immediate payment is cash discount

Wt are the difference between cash discount and trade discount?any entry need to be made?

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