Accounting terminology| Cash Discount in hindi

Introduction to Cash Discount by the education forum

How to define Cash discount in Urdu| How to define Cash discount in Hindi

In this video, We will study about cash discount in urdu hindi

Content of this video:

After watching this video you will be able to give the answer of following questions:

i) What is cash discount?
ii) Define cash discount in urdu?
iii) Define cash discount in hindi?
iv) How to explain cash discount?
v) What is cash discount in urdu?
vi) How to calculate cash discount in urdu?
vii) How to calculate cash discount in hindi?
viii) Formula of cash discount.

Cash Discount:

It is a deduction or allowance given by a creditor to a debtor if the amount due is paid by the debtor before the due date, or it is a reduction in price (usually 2% or less) offered by manufacturers or wholesalers (creditors) to encourage customers (debtors) to pay their debts within a specified discounted period.
For example, X sold goods to Y (a customer) for Rs. 1000/- on credit basis. It means, X is creditor and Y is debtor. X offers an allowance of 2% to Y, if he will pay his debts within 15 days. It means, if Y pays his debts within 15 days, then he will pay only Rs. 980 (1000-20) to X. Such a discount is known as "Cash Discount).

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