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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.
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
Bring out the difference between trade discount and cash dicount?
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.
Explain the difference between trade discount and cash discount?
A trade discount is a discount that a manufacturer or wholesaler makes to the retail price of a product when selling to a reseller. A cash discount is a reduction made to the invoice if the buyer pays the invoice prior to a set date.
What is the difference between discount factor and discount rate?
Discount factor is the factor determining future cash flow, but multiplying the cash flow to obtain present value. Discount rate is used in calculations to equal the cost of capital.
