Discount is negtive for the consumer (i.e for the consumer a discount is the price minus a small part of it. But a discount is considered a "good thing" by the consumer rather than a "bad thing" in the negative sense)
For the producer selling the good, a discount is a loss, so it should be "added to their losses".
provision for discount received
Cash discount is the discount in amount in accounts payable while trade discount is on sales price discount which is not recorded in business books and transaction is recorded at discount price.
Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.
a single trade discount is just that one trade discount.
A 50% discount is half off, and a 33.33% discount is one third off.
The best place to buy discount furniture is at Ikea. They have some of the cheapest and most durable furniture. The only negative is you have to put it all together once it comes and that can take a long time, depending on what you buy.
You discount the negative cable from the battery and press the brake pedal for at least ten seconds.
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
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
provision for discount received
One can get some form of discount from a property company. The discount may come in the form of dinning discount, restaurant discount, auto insurance discount, etc.
when debentures are issued at discount, it is prudent to write off the discount
when debentures are issued at discount, it is prudent to write off the discount
The discount is the basic discount available to the general customers.
What are discount housing
$5 discount
quantity discount and trade discount are the same thing. it is used when the dealer wants to sell in bulk. while cash discount is given when he wants prompt payment.