Immediate discount on the day of purchase or sale of products.
Trade discount
The account name under Buyer will be recorded cash discount is .........
Purchase discount
The account name under Seller will be recorded cash discount is............
sale discount
Incentive for buyers that have bulk orders.
Trade discount
Not be recorded.
Trade discount
It can be by cash or credit.
Trade discount
Calculate discounts on the payment due date.
Cash discount
Credit only.
Cash discount
The buyer is responsible for paying all shipping costs.
Shipping point
The seller is responsible for paying all shipping costs.
Destination
“Transportation - out”. Classified as...........
Selling expense
“Transportation - in”. Classified as
Cost of sales
2/10 , n/45
Cash discount
...
Trade discount
Condition F.O.B. Shipping point account name will be recorded as............
Transportation - In
Condition F.O.B. Destination account name will be recorded as............
Transportation - Out
