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Discount received

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Why discount received is debited with p/l account Video Details ------------- Accounting - CA Foundation (New) Final Accounts of Non-Manufacturing Entities #13. Accounting for Bad Debts & Recovery of Bad Debts W/O

Sathya S

CA Foundation

★ 3K+

27-Jun-24 17:45

197

Answers (1)

for debtors, we give discount which is an expense.

CA Suraj Lakhotia

Admin

12-Jul-24 11:51