Explain Discount
Briefly explain the term Discount and also describe their important types?
Expert
Discount is a method of rising the sale in which businessman decreases the price of goods and services that is paid by customer for buying the product. That decrease in price is termed as discount. It is just similar to the reward to customer to buy more. With this, business can promote their sales. There are lots of kinds of discount but two kinds are very important.
First is Trade discount that is provided on the list price. This is not recorded in the books of company.
Second is cash discount that is provided for getting cash rapidly from customers. This is recorded in the books of company by making discount permitted account.
Give a brief introduction of the term ‘Financial Accounting’. And also write down its elements?
What do you mean by Letter of Credit?
Explain facts that China has emerged as the second most imperative recipient of the FDI after United States in recent years?
Describe the function of budgetary control play in cost control? And also write down the requirements for its triumphant execution?
State some of financial and operational measures MNC can take minimize the political risk linked with the foreign investment project?
Illustrate the difference between Accounts and Bills payable, Accounts and Bills receivable?
The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depr
What are Personal accounts. Describe their types?
Discuss briefly some of the variants of the basic interest rate and currency swaps.
There are seven typical stages in the life cycle of a family with children. Fully explain and give an example to describe each of those seven stages.
18,76,764
1934772 Asked
3,689
Active Tutors
1461175
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!