Asked by Angelina Herrera on May 06, 2024

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Discount taken by the buyer for early payment of invoice.
A)Freight
B)Delivery Expense
C)Inventory
D)Sales discount
E)Purchases Returns and Allowances
F)Debit memo
G)Purchases discount
H)Trade discount

Purchases Discount

A reduction in price given by a seller to a buyer for paying an invoice within a specified time frame.

Early Payment

A payment made before its due date, often incentivized by discounts or to avoid interest charges.

  • Familiarize yourself with the different discounts and allowances involved in merchandising accounting.
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Muhammad BasyirMay 13, 2024
Final Answer :
g