Alaka who owed Saka 15 000 settled his debt aft... - JAMB Accounting 2013 Question
Alaka who owed Saka #15,000, settled his debt after deducting cash discount of 10percent. To record the discount in the book of Saka, debit
A
discount recieved account and credit Alaka's account
B
Alaka's account and credit discount recieved account
C
Saka's account and credit discount recieved account
D
discount allowed account and credit Alaka's account
Ask EduPadi AI for a Detailed Answer
Correct Option: D
Please share this, thanks:
#JAMB #JAMB
Add your answer
No responses