Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

Pradip settled Amal’s account by credit transfer and was granted a cash discount for paying promptly. How was this discount recorded by Pradip?

  • Adebit Amal, credit discount received
  • Bdebit cash, credit discount received
  • Cdebit discount allowed, credit Amal
  • Ddebit discount allowed, credit cash

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