0
Testimony that is not believed for some reason.
Eldred Bergstrom
Wiki User
∙ 14y agoA discount is when the value of an item is brought down. The discount can sometimes be expressed in terms of a value, or in terms of a percentage, for example, a 50% discount means that the value of the item is reduced by 50 percent, or a half.
Add your answer:
Earn +20 pts
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
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 trade and cash 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.
If you have a discount-- does sales tax come after or before discount?
I think the discount comes first and then the sales tax.
Does off mean discount?
Yes it normally does mean a percentage discount.
What does flat discount mean?
Discount on Total amount...
What does price reflects discount mean?
If a price reflects discount, the discount has already been applied.
What does nett price mean?
if you mean "Net Price", it's the amount after deducting trade discount and cash discount.
What is 15 discount off 60.00?
If you mean 15% discount it will be 60.00x0.85=51.00
What does single discount equivalent to a series discount of 1020 mean?
Single trade discount versus discount series what kind of example for one or the other
What does it mean to factor in a discount?
Include it.
What does de descuento mean in spanish?
discount
How is an 80 discount for a 300 dollar item?
80 what discount, - $80 or 80%. Assuming you mean $80 discount then subtract $80 from $300 = $220
What does accessible price mean?
It means a discount price
What does the french word 'rabais' mean in english?
Reduction or discount
What does ppd on bank statement mean?
Prompt Payment Discount
