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What is given to businessman who cleared his payment before fixed date?

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What is given to businessman who cleared his payment before fixed date?

(A) Cash discount

(B) Special discount

(C) Trade discount

(D) None of these

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Correct option is (A) Cash discount

A cash discount is a deduction given by a seller to a buyer for paying an invoice before the due date. It's a way to encourage early payment and can help improve cash flow for both parties involved.

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