we abbreviate it as DISC
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
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
when debentures are issued at discount, it is prudent to write off the discount
Trade discount is the discount which is in actual sale price of unit at the time of sales and never shown in books of accounts. Cash discount is the discount in value of accounts receivable after sales completed.
I think the discount comes first and then the sales tax.
abreviate associates
mm
att.
rd.
Mr.
g
Int.
Gov.
ent.
co.
Mgmt. or mgt. Both are acceptable.
In Portuguese, you say "Sr." to refer to Mr.