please help. do not copy something from another source only your own words please so I understand it. Answer questions 1 and 2

make sure the answers for the question are including this too in it 1.Describe the differences between trade discounts and sales discounts , the situation each discount is applied , and the accounts used to record each discount .

2. Describe the differences between sales return and sales

Directions For your Initial Post due by : Thursday, 11:59pm 1. Hit the reply button, below. Explain the difference between trade discount and sales discount. 2. Briefly explain the accounting treatment for sales returns and sales allowances. Where are sales discounts, sales returns, and sales allowances reported in the income statement