
What is the entire for discount received

AnswerBot
1y

Discount received is the reduction in the price of goods or services offered by a seller to a buyer as an incentive for early payment or bulk purchase.
Discount received is a contra revenue account and...read more
Rina Halder
10mo

Party A/c .. Dr
To, Discount Received A/c
Sandhya Shetty
1y

Purchase a/c Dr
To cash a/c
Being goods purchased
Anonymous
author
2y

Cash account Dr
To discount received account Cr
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