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Q: What is the difference between a trading discount and a discount allowed?
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How is discount allowed treated in the trading and profit andloss account?

Discounts are allowed in the trading and loss accounts, because the products are not in brand new condition. This allows an amount of money to be taken off so that the item is discounted.


What is difference between day trading and intraday trading?

Day trading is the act of trading intraday. There really isn't any difference. Only different terminologies used by different people.


What is the difference between trading business and service business?

Trading businesses and service businesses


What is the difference between margin trading and credit given by stock brokers?

Credit given by stockbrokers IS margin trading.


What does the day trading term arbitrage trading mean?

Arbitrage trading is trading that takes advantage of a difference in price between two or more different markets, to make a profit equal to the difference in the market prices. Arbitrage trading is useful in banks and brokerage firms.


What is commodity trading or exchange?

commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.


What is CFD trading?

A CFD trading, or Contract for Difference, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. Trading option to trade the change of price in multiple commodity and equity markets, with leverage and immediate execution.


How does allowance trading system work?

it allowed trading


How does the allowance trading system work?

it allowed trading


Difference between trading blocs and trading blocks?

Trading blocs are groups of countries that have formed agreements to reduce trade barriers and increase economic cooperation, like the EU or NAFTA. Trading blocks, however, is a term less commonly used and can refer to specific sectors or groups of securities within the trading market. The two terms are distinct and relate to different aspects of trade and markets.


What are the advantages and disadvantages of discount?

In the word of discount houses I think it is a financial company that is engaged in terms of trading and in bills.


What is the difference between retail and trading?

Trading is used to acquire goods from the people who produce them, and the retail sales business is how these goods are then sold to the general public.