Early payment discount offered to customers by the seller.
a. \quad Freight
b. \quad Delivery Expense
c. \quad Merchandise Inventory
d. \quad Sales discount
e. \quad Purchases Returns and Allowances
f. \quad Debit memo
g. \quad Purchase discount
h. \quad Trade discount

Purchase Discount

A deduction from the amount owed by a buyer to a seller, granted for paying an invoice early.

Early Payment Discount

This is a reduction in the invoice amount offered by a seller to a buyer in return for paying the bill before the scheduled due date.

Sales Discount

A reduction in the price of a product or service that is offered to customers, typically to encourage early payment of invoices or to incentivize bulk purchases.