a single trade discount is just that one trade discount.
trade discount is for trade customer (who has an account with the supplier) discount allowed is for walk in customers (no account holders)
What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]
Describe the difference between a single trade discount versus and discount series and give an example
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.
a single trade discount is just that one trade discount.
trade discount is for trade customer (who has an account with the supplier) discount allowed is for walk in customers (no account holders)
Trade discount is the discount that is deducted from the source and then the actual amount is shown. The trade discounts are not shown in the books of accounts. Only the cash discount is shown in the books of accounts but the trade discount will be deducted from the actual and the net amount will be considered.
What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]
Cash discount is a discount offered by a seller to a buyer for paying earlier than the due date, whereas a trade discount is a discount provided by a seller to a buyer based on the quantity or value of goods purchased. Cash discount reduces the actual amount to be paid, while trade discount is deducted from the list price before calculating the invoice amount.
Describe the difference between a single trade discount versus and discount series and give an example
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.
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.
Trade discount is the discount which is in actual sale price of unit at the time of sales and never shown in books of accounts. Cash discount is the discount in value of accounts receivable after sales completed.
The trade discount of 5678 with a 25 percent discount would be 4258.50. This is considered to be a math problem.
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
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.