Accountancy Mathematics: Cash Discount (Part 2 of 3)

Tweet This is the second part of a series of 3 articles on Cash Discount which dealt with the use of borrowings to pay to take advantage of Cash discount BORROWING TO TAKE ADVANTAGE OF CASH DISCOUNT. ILLUSTRATION 1 Mr A bought some goods valued at $100,000 with a cash discount terms of 5/10, n/60. […]