The basic distinction between cash discount and trade discount is that while trade discount is
for a period of 30 days, cash discount is for a period of 3 months
given by a wholesaler, cash discount is given by a bank
a reduction in the catalogue pirce f an article, cash dis count is a reduction in the invoice value
a reduction in the value of sales, cash discount is a reduction in price of goods
The correct answer is: D
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.