Topical Terminology  

       

Topical Terminology > Sales Discount



1 Definition

Sales Discount

For Sales Discount we have a term and definition in Accounting.



Sales Discount (Accounting)

is a reduction in the selling price usually as an inducement to consummate a sale. Sales Discount is on the income statement as a deduction from Gross Sales to get Net Sales.




Similar

Browse words that start with:




Browse All Terms by First Letter

Term Search



Powered by Odin Assemble 2.5a