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What is the difference between discount given and discount received?
Wiki User
∙ 13y ago
nothing there the something ...
Wiki User
∙ 13y ago
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What is difference between cash discount and trade discount?
cash discount enable the buyer to pay promptly while trade discoint is a discount given to the buyer so that he can buy more goods
What is the discount when 10 percent is given on a cost price of 500?
discount =50
What is the difference between the greatest number and the least number in a given set of data?
depends on what the given set is
What is the definiton of a sequence in which the difference between any two consecutive terms is the same?
The definition is, as given in the question, a sequence where the difference between any pair of consecutive terms is the same,.
What is the difference between sample and sample size?
a sample is a sample sized piece given... a sample size is the amount given in one sample
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 difference between cash discount and trade discount?
cash discount enable the buyer to pay promptly while trade discoint is a discount given to the buyer so that he can buy more goods
What is the difference between a discount coupon and a special coupon in marketing?
discount coupons are something given for a specific discount, probably happens often. a special coupon is when there is a special run. doesn't happen often and has a short exp window.
What is the difference between a discount sales tax and a tip in relation to the total cost?
A discount is money off a product, a sales tax is money added to the price of a product, and a tip is money given to someone fr good service.
How do you treat discounts allowed and received in the income statement?
Discount allowed is an expense,take an example if one makes a cash sale and offers a cash discount,it reduces the cash paid and thus accounted for as an expense,a Discount received is treated as a revenue because take an example if one buys goods and pays cash and the person selling grants a discount,it reduces the amount paid and thus an added revenue,the difference on what i paid and what was ought to be paid,its always given in percentage,with set conditions.Types of discounts can be trade or cash both allowed and received.
Meaning of simple discount?
It is discount given by the seller.
When is Discount given?
which discount r u talking abt...
Difference between eg and ie?
example given......in example
What is the discount when 10 percent is given on a cost price of 500?
discount =50
What exactly is a no claims discount?
A no claims discount is given by auto insurance companies. If a policy owner files no claims for usually 5 years, a discount is given towards the insurance premium.
What is the difference between the greatest number and the least number in a given set of data?
depends on what the given set is
