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
7mo
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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