Flash Card Sets in the Accounting Category

Example: Savings that result from early payment by taking advantage of discounts offered by the seller; discount is not taken on freight or taxes.: Cash Discount, Two or more trade discounts that are applied to the balance remaining after the previous discount is taken. Often called a series discount.: Chain Discount, 100% less the stated percent.: Complement, Credit days are counted from date of invoice. Has no relationship to the discount period.: Credit Period

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