Explain Discount
Briefly explain the term Discount and also describe their important types?
Expert
Discount is a method of rising the sale in which businessman decreases the price of goods and services that is paid by customer for buying the product. That decrease in price is termed as discount. It is just similar to the reward to customer to buy more. With this, business can promote their sales. There are lots of kinds of discount but two kinds are very important.
First is Trade discount that is provided on the list price. This is not recorded in the books of company.
Second is cash discount that is provided for getting cash rapidly from customers. This is recorded in the books of company by making discount permitted account.
1 You're trying to save to buy a new $200,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 5.5 percent annual interest on its accounts. How long will it be before you have enough to buy the car? 2 Although appealing
Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require
1. Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is
Write an article on Global expansion's strategy followed during 1990.
The uniform costing executed? It is beneficial for an organization?
Write down the pre-requisites for triumphant accomplishment of uniform costing?
Give a brief introduction of the term ‘Financial Accounting’. And also write down its elements?
Write an article on Valuation of assets serves for both buyers and sellers of goods and services.
Normal 0
Who is a debtor? Briefly explain the term.
18,76,764
1922763 Asked
3,689
Active Tutors
1440613
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!