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Provision for discount allowed and discount received?
provision for discount received
What is the difference between discount given and discount received?
nothing there the something ...
Difference between trade discount and cash discount?
A trade discount occurs when an item is offered along with another item that is paid for. A cash discount is a reduction in the price of an item.
You received a 20 percent discount off of 21.96 What is the original price?
$26.35
What is the Present value of 700 to be received in two installments of 350 two years from today at a discount rate of 10 percent?
i think the present of 700 is 700%
Provision for discount allowed and discount received?
provision for discount received
What is the difference between discount allowed and discount received?
discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made
What is the difference between discount allowed and discount received and their accounting treatment?
Discount allowed is that amount which is given by our company to others while discount received is that amount which is received by our company from others.while discount allowedDebit discount allowedCredit cashwhile discount receivedDebit cashCredit discount received
What is the journal entry of discount received?
Dr cash/bank Cr discount received
Is discount allowed and discount received are same as credit note issued and credit not received?
no because the discount allowed and discount received are totally diffrent and has no link with each other where as if credit note is not issued than it cant received even
Is Cash Discount received on cash sales?
Cash discounts are received on cash sales. The seller or provider often refers to the cash discount as a sales discount.
What is the difference between discount given and discount received?
nothing there the something ...
Difference between trade discount and cash discount?
A trade discount occurs when an item is offered along with another item that is paid for. A cash discount is a reduction in the price of an item.
Where does sales discount go on an income statement?
does discount allowed and discount received go into the income statement or balance sheet?
What are the direct incomes?
Rent Received Commission Received Scrap Sales Discount on Purchase Interest Received
Where is discount received posted in the trial balance?
credit
Discount received from the supplier or allowed to customer for making the early payment of due is termed as..?
Trade Discount
