Cash Discount:
Reduction in price given by the creditor to the debtor is known as cash discount. This discount is intended to speed payment and thereby provide liquidity to the firm. They are sometimes used as a promotional device. we also explain that discount is relaxation in price.
http://en.wikipedia.org/wiki/Discounts_and_allowances#Trade_discount
The United States called for a surrender of Japan in the Potsdam Declaration on July 26, 1945, threatening Japan with "prompt and utter destruction".
battle of rego and attas
I think it was Anne Boelyn
The Potsdam Declaration warned Japan that if it did not surrender it would face "prompt and utter destruction".
The right to murder people then burn down their house.
It is called a Cash Discount
Prompt Payment Discount
Discount - A deduction from the usual cost of something, typically given for prompt or advance payment or to a special category of buyers.Therefore a Discount Book is a cheap book.
What is the basis of prompt payment discount for sales with trade off invoice discounts? Is it before off invoice discount or after the off invoice discount?
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.
The payment done without delay as per the schedule
a supplier offers a discount for prompt payment. this is considered financing the customer the "discount amount" for the additional days of the net due date when the customer does not take the early pay discount. so when the customer pays the full amount on the net due date, the amount above the discount amount is considered interest revenue. it is treated as such on the financial statements. Even discount allowed is when the seller of goods or services grants a payment discount to a buyer. When the seller allows a discount, this is recorded as a reduction of revenues, and is typically a debit to a contra revenue account.
Prompt or a C prompt
Finance
finace
finace
stimulate, encourage, inspire, prompt, spur, provoke, rouse, stir up, inflame, awaken