A discount deducted from the invoice price of goods to enable the retailer to make profit
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Correct Answer: Option A
Explanation:
Cash discount is the amount deducted from invoice price for realizing outstanding sales amount.It is given to a customer to encourage payments for goods and services within a stipulated period of time.
Cash discount is the amount deducted from invoice price for realizing outstanding sales amount.It is given to a customer to encourage payments for goods and services within a stipulated period of time.