Some business transactions purchase goods and services from the seller, on credit. The buyer of these goods and services, in good faith, intends to pay for the merchandise acquired or services rendered, on time. However, the seller knowing this is not always possible, will provide an incentive to the buyer. After reading $$Purchase of Merchandise on Account$,$ page $146$ to $148,$ illustrate and explain the $$incentive$$ a buyer receives to pay his bill.