State whether the discount allowed is a trade discount or cash discount, if 100 washing machines are purchased by XYZ - Accountancy - Theory Base of Accounting

Question

State whether the discount allowed is a trade discount or cash
discount, if 100 washing machines are purchased by XYZ Ltd from
Samsung and XYZ Ltd made immediate payment

Mehak Garg · Accepted Answer

Immediate payment so cash discount

State whether the discount allowed is a trade discount or cash discount, if 100 washing machines are purchased by XYZ Ltd from Samsung and XYZ Ltd made immediate payment.