A discount deducted from the invoice price of goods to enable the retailer to make profit

  • A cash discount
  • B functional discount
  • C trade discount
  • D seasonal discount
jamb 2022commerce

The correct answer is A. cash discount

Cash discount is the amount deducted from invoice price for realizing outstanding sales amount.It is given to a customer to encourage payments for goods and services within a stipulated period of time.

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