What is the difference between a cash discount and a trade discount?

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Question Posted: Oct 21, 2014 02:24 AM

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Distinguish between a cash discount and a trade discount.
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What is the difference between a cash discount and a trade discount?

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A cash discount is the amount a customer can deduct if she o...View the full answer

College Accounting

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