ACCOUNTING I Dersi Receivables soru detayı:

PAYLAŞ:

SORU:

How would you define cash discounts?


CEVAP:

Cash discounts are intended to encourage the customer to make their payment earlier. Companies often offer a cash discount to its customers if they agree to pay within a designated period. In other words, the opportunity to get a cash discount usually arises for a customer when a company either wants to encourage prompt payment or because of competitive reasons and also to
increase the chances of collection.