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
Single trade discount versus discount series what kind of example for one or the other
Single trade discount is the percentage off an individual good during an individual purchase. Discount series are several discounts given at a duration in time.
A single trade discount is only one discount for example 30% a series would be a discount of 20/10/5. Do not add them together they have to be taken separately.
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
Single trade discount versus discount series what kind of example for one or the other
Single trade discount is the percentage off an individual good during an individual purchase. Discount series are several discounts given at a duration in time.
What would be the benefits of offering a single trade discount versus series? (13
A single trade discount is only one discount for example 30% a series would be a discount of 20/10/5. Do not add them together they have to be taken separately.
A single trade discount is one discount like 30% where as a series discount is more then one like 20/10/5 but can not be added together, have to be discounted seperately.
In business accounting
Single trade discount is the discount you would get when you buy 1 of the item. ex. Chips discount 99 cents. Series discount is something that you would have to buy more then 1 of the item to get the discount. ex. Peanuts, 1 for 60 cents, 2 for dollar.
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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.