WWW.FINANCIALACCOUNTANCY.ORG
Visit www.financialaccountancy.org



Basic Concepts of Financial Accounting for CPA Exam |
Cash discount sometimes called prompt payment discount. It is the difference between the trading (buying and selling) price of the goods sold and the amount actually paid for them. Cash discount is also called settlement discount as it is used to settle the outstanding balances of the supplier or customer as the case may be.
Keywords: examples, explanation, sales ledger, cash budget example, difference between capital and revenue expenditure, credit note definition, amortization and depletion, explanation of depreciation, accounting treatment for provisions, balance sheet extract
Daily visitors: 1 068
Daily pageviews: 1 068
Alexa Rank: 664905
Created: 2015-02-10
Expires: 2018-02-10
Owner: Nazia Kosser
Hosting company: Psychz Networks Dallas
Registrar: Public Interest Registry
IPs: 45.35.56.242
DNS: ns1.resourcesofnet.net
ns2.resourcesofnet.net
Email: See owner's emails
Financialaccountancy.org thumbnail