Question: QUESTION 3 a) Explain in detail the tems-Trade Discount and Cash Discount. (10 marks) b) Elaborate the differences between the 2 terms above, and show

QUESTION 3 a) Explain in detail the tems-Trade Discount" and "Cash

QUESTION 3 a) Explain in detail the tems-Trade Discount" and "Cash Discount". (10 marks) b) Elaborate the differences between the 2 terms above, and show how each are reflected in accounts. Provide 2 examples to support your answers (10 marks) Notes: Both (a) and (b), you are not alowed to provide answers in boxes. Please write your answers in sentences and proper paragraphs

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