A discount that is allowed to encourage a debtor to pay o...
A discount that is allowed to encourage a debtor to pay off his debt within a period is the
Annual discount
Trade discount
Periodic discount
Cash discount
Correct answer is D
A cash discount is a deduction allowed by some sellers of goods or by some providers of services in order to motivate customers to pay within a specified time. The cash discount is also referred to as an early payment discount.
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...
In the consignee's record account, the accounting treatment of expenses paid for on behalf of th...
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline sales &am...
The current growth in the volume of trading and financial dealings in nigerian is helped by? ...
An increase in government expenditure within a year is taken care of by means of ...