Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 39 - No. 10)
If a business offers a discount for early payment, what is the effect on the customer?
The customer will have to pay more.
The customer will pay less.
The discount has no effect.
The discount makes the customer's debt go up.
Explanation
The discount means the customer will pay less than the original amount.
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