Sail E0 Webinar
Question
Discount allowed to a debtor should be credited to ___.
Options:
A .  Customer`s/ Debtor account
B .  Sales Account
C .  Discount account
D .  Purchases Account
Answer: Option A
:
A
Discount allowed reduces the assets i.e. debtors of the business & hence it is credited.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers