Advantages for giving Cash Discount
What are various advantages for giving Cash Discount?
Expert
Advantages for giving Cash Discount:
A) It enhances cash flow or liquidity.
B) It too raises ability to pay since buyer sees discount as income therefore, he will surely to pay and its result will on his capability to pay.
C) Sometime cash discount is obliging for good bargaining with the seller.
Accountancy is the process of communicating financial information about a business entity to users such as shareholder and manager. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in s
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