What is the different between trade and cash discount and interest.

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Mathematics

Alijah Brady

4 September, 11:42

What is the different between trade and cash discount and interest.

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Rojas · Answer 1

Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim of increasing the sales in bulk quantity, whereas Cash discount is granted to facilitate a quick payment ... A trade discount is shown as a deduction in the invoice.