yes It depends on the value of the car that you are trading in, if the car that you are trading in has more value than the car you will be traded for then the dealer or private party may give you some cash to make the deal even.
the back or the bottom
cash discount enable the buyer to pay promptly while trade discoint is a discount given to the buyer so that he can buy more goods
There are a few places where you can trade your phone in any condition for cash. Some of these places include Buy Back World, Gazelle, and Enviro Fone.
They could have been paid in cash or in trade. If a farmer had no cash he may have given beef or flour in place of payment.
An overdraft facility is generally given towards inventory and book debts. It is given as a limit for your cash credit account and can be drawn and paid back based on your cash flowrequirements.
Debit new assetdebit loss (if any)debit accumulated depreciationCredit cash / bankcredit profit (if any)credit old car trade-in
Is it right that I debit the refund to [Sales returns] and credit it to [Cash at bank]? But the answer given by my teacher is that the refund is debited to [Trade receivables] and credited to [Cash at bank].
to gain money and trade, for example. Jamestowns cash crop was tobacco which they traded with Indians and also traded back to Europe
It has reverse effect on that and it will decrease your cash flow.
Not likely, no
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.
You either have to return the money or not keep the vehicle. You don't get the benefit of both the value of the car in cash and the actual car.