Discounts granted branch customers are treated as a debit to branch?

Accounts - Principles of Accounts JAMB 2004

Discounts granted branch customers are treated as a debit to branch?

  • stock account and a credit to branch debtors'account
  • discount account and a credit to branch bank account
  • stock account and a credit to branch bank account
  • discount account and a credit to branch debtors' account checkmark

The correct answer is: D

Explanation

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