What ac will be debited and credited at the time of discounting?
AnswerBot
1y
The account to be debited and credited at the time of discounting depends on the specific transaction and the parties involved.
In general, the account to be debited is the Discount Allowed account, wh...read more
Prashanth Jsb
author
2y
Bill purchase a/c will be debited and client ac will be credit or as per payment instr by client
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