中级财务会计Ⅰ详解.pptVIP

2-2 Cash and Receivables Accounts receivable Result from the credit sales of goods or Are classified as services to customers current assets To give quantity discounts to Are recorded net of arge customers trade discounts Cash Discounts increase sales Cash discounts encourage early payment ncrease likelihood of collections Cash Discounts 2/10,n/30 Discount Number of l Otherwise Credit percent davs net (or all period discount is is due available Opportunity cost for Cash discount If interest rate of loan is 18%. a certain company provides credit policy is 2/10, n/30, this credit policy is