ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of ratio analysis / financial analysis
With over 3,600 accounting terms and growing, we are the Internet's most complete and popular accounting dictionary of accounting terms. Ranked #1 by all major search engines for: Accounting Terms, Accounting Dictionary, and Accounting Glossary.
Your requested accounting terms definition is below. If you require additional accounting glossary definitions, please enter the accounting terms you require.
SALES DISCOUNT Definition
- SALES DISCOUNT
SALES DISCOUNT 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.
