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What are the difference between trade discount and cash discount?

Accounting
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Question added by Jishad Kk , ACCOUNTANT , SPINNEYS
Date Posted: 2016/01/02
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Umair Javed
by Umair Javed , Deputy Manager Accounts & payables , Fazal Group Of Companies

Cash discount is given to receive the cash quickly after the sale such as1% discount if pay within days CASH Discount.

Trade Discount is to promote sales give more discount the more quantity you bought.

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