What is the formula for the cash discount?
The formula for cash discount is as follows:
Cash discount = purchase price * discount rate.
what is the journal entry for " purchase goods for Rs 200000 less trade discount of 20% and 5% cash discount from ajay for cash and supplied them to shafi at list price less 10% trade discount"
What is the difference between the trade discount and cash discount?
What is difference between trade discount and cash discount?
What is the correct formula for finding the closing cash balance?