A sales discount represents a reduction,not in the selling price of a product or service,but in the amount to be paid by a credit customer if payment is made within a specified period of time.

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This is the definition of a sales discount. It is a reduction in the amount owed by a credit customer if they pay within a certain timeframe. It does not affect the selling price of the product or service.

A Sales Discount Represents a Reduction,not in the Selling Price