jiedwards27881 jiedwards27881
  • 19-10-2018
  • Business
contestada

Purchase discounts are the same as trade discounts true or false

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andriansp andriansp
  • 30-10-2018

That statement is false.

They are different. Purchase discounts are given by the sellers to the buyers in order to reduce the amount that the buyers have to pay if they complete the payment within a specific period of time. Trade discount on the other hand, is given by manufacturers to the sellers or re-sellers.

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