Home » Accounts (Principles of Accounts) » An allowance given to a customer by a supplier for prompt payment isAn allowance given to a customer by a supplier for prompt payment is An allowance given to a customer by a supplier for prompt payment is A. trade discount B. discount received C. cash discount D. cash rebate Correct Answer: Option C Explanation Related Posts An organization which has records of only personal accounts is said to be operating on… The effect of overstating revenue expenditure in the profit and loss account is that the In a partnership account, interest on drawings is A sales Day book is used for recording Expenses incurred but not yet paid is Use following information to answer the given
