企业决策的基础财务会计分册第16版威廉姆斯Chap006.pptVIP

Cash discounts are provided to customers as an incentive for them to pay early. The credit period is the normal period of time a company allows for customers to extend their account receivable, typically 30 or 60 days. The discount period is a much shorter period of time, typically 10 or 15 days. If payment is received during the discount period, a discount may be taken. If payment is made after the discount period expires, then the full payment is due on or before the end of the credit period. Cash discount terms are typically written as this slide shows. This particular discount term