Asked by Kaylea Peterson on May 01, 2024

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Discount to government agencies or customers who purchase large quantities of merchandise.
A)Freight
B)Delivery Expense
C)Inventory
D)Sales discount
E)Purchases Returns and Allowances
F)Debit memo
G)Purchases discount
H)Trade discount

Trade Discount

A reduction in the list price granted to customers, often based on volume of purchase or early payment, and not recorded separately in financial accounts.

Government Agencies

Public sector entities that are established to perform specific functions or services on behalf of a government.

  • Identify various discounts and allowances in merchandising accounting.
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ZK
Zybrea KnightMay 05, 2024
Final Answer :
h