The trade discount results if the customer pays the bill within the discount period.

Name: The trade discount results if the customer pays the bill within the discount period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A trade discount is a reduction in the listed price of a product or service offered by the seller to the buyer, and it is given regardless of the payment timing. It is different from a cash discount, which is offered for early payment.

The Trade Discount Results If the Customer Pays the Bill