Srdb - Study guides, Class notes & Summaries
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Enp Study Guide: Phone Terms Questions And Answers With Verified Solutions 100% Correct!!!
- Exam (elaborations) • 11 pages • 2024
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Enp Study Guide: Phone Terms Questions And Answers With Verified Solutions 100% Correct!!!
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AAT Intro to Bookkeeping Written Exam Questions And 100% Guaranteed A+ Pass/2024.
- Exam (elaborations) • 9 pages • 2024
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Trade discount - correct answer A definite amount that is deducted from the list price of the goods for the supplies to some customers, with intention of encouraging and rewarding customer loyalty. 
 
Bulk discount - correct answer Similar to a trade discount as it is deducted from the list price of the goods and disclosed on the invoice. However, a bulk discount is given by a supplier for sales orders above a certain quantity. 
 
Prompt payment discount (settlement or cash discounts) ...
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