The accounting for cash discounts and trade discounts are

a. the same.
b. always recorded net.
c. not the same.
d. tied to the timing of cash collections on the account.

Answer: c. not the same.

Business

You might also like to view...

What is Web 3.0, and how do you think Web 3.0 developments could impact businesses?

What will be an ideal response?

View
Business

Almost any routine message can be used as a way to build goodwill

Indicate whether the statement is true or false

View
Business