Discount received is shown in the

Accounts - Principles of Accounts WAEC 1996

Discount received is shown in the

  • credit side of sales ledger balances
  • debit side f bought ledger balances checkmark
  • credit side of bought ledger balances
  • debit side of sales ledger balances
  • sales ledger balances as contra entry

The correct answer is: B

Explanation

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