Question on: JAMB Accounting - 2016

Alaka who owed Saka N15,000, settled his debt after deducting cash discount of 10%. To record the discount in the book of Saka, debit

A

Saka's account and credit discount received account

B

Alaka's account and credit discount received account

C

Discount received account and credit Alaka's account

D

Discount allowed account and credit Alaka's account

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Correct Option: A

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