answersLogoWhite

0

What is discount?

Updated: 10/19/2022
User Avatar

Wiki User

12y ago

Best Answer

discount is an amount deducted from the usual list price

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

discount house:

a sales outlet offering goods at a discounted price.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is discount?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between discount allowed and discount received?

discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made


What is the difference between discount allowed and discount received and their accounting treatment?

Discount allowed is that amount which is given by our company to others while discount received is that amount which is received by our company from others.while discount allowedDebit discount allowedCredit cashwhile discount receivedDebit cashCredit discount received


Provision for discount allowed and discount received?

provision for discount received


What kind of discount can one get from a property company?

One can get some form of discount from a property company. The discount may come in the form of dinning discount, restaurant discount, auto insurance discount, etc.


When debentures are issued at discount it is prudent to write off the discount?

when debentures are issued at discount, it is prudent to write off the discount


When debentures are issued at a discount it is prudent to write off the discount?

when debentures are issued at discount, it is prudent to write off the discount


What is Kohl's employee discount?

The discount is the basic discount available to the general customers.


What arE discount hoUsing?

What are discount housing


What is a 5 discount?

$5 discount


Define quantity discount trade discount and cash discount and explain the importance of discount for the business in terms of marketing?

quantity discount and trade discount are the same thing. it is used when the dealer wants to sell in bulk. while cash discount is given when he wants prompt payment.


Bring out the difference between trade discount and cash dicount?

Cash discount is the discount in amount in accounts payable while trade discount is on sales price discount which is not recorded in business books and transaction is recorded at discount price.


Price paid after the discount is subtracted is called?

Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.