JAMB - Commerce (1997 - No. 28)
The basic distinction between cash discount and trade discount is that while trade discount is
for a period of 30 days, cash discount is for a period of 3 months
given by a wholesaler, cash discount is given by a bank
a reduction in the catalogue pirce f an article, cash dis count is a reduction in the invoice value
a reduction in the value of sales, cash discount is a reduction in price of goods