A

Admin • 802.91K Points
Coach

Q. Cash discount is allowed to encourage:

  • (A) Bulk buying
  • (B) Timely payment
  • (C) Advance booking
  • (D) Long-term credit
  • Correct Answer - Option(B)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Cash discount is an incentive for debtors to pay earlier than the credit period.

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