Trade Discount:
Trade discount is a consideration commonly (but not only) given by a whole seller to a retailer for purchasing bulk amount, to empower their trading interest. Trade discount do not required a double entry book keeping system, a separate discount column in the invoice is all it needs to be recorded.
Trade discount is a consideration commonly (but not only) given by a whole seller to a retailer for purchasing bulk amount, to empower their trading interest. Trade discount do not required a double entry book keeping system, a separate discount column in the invoice is all it needs to be recorded.