Is a "trade discount" given to promote a product to a first buyer viewed the same as a "sales discount" given on an invoice. Is it a contra-revenue account ?
Sales
Less: Sales Discount
Net Sales
Aug 31
Posted by Greg in Discount Blog | 2 Comments
Is a "trade discount" given to promote a product to a first buyer viewed the same as a "sales discount" given on an invoice. Is it a contra-revenue account ?
Sales
Less: Sales Discount
Net Sales
Tags: invoice, net sales, revenue account
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