The total of the discounts received column in the cash book is posted to the?...

FINANCIAL
JAMB 1998

The total of the discounts received column in the cash book is posted to the?

  • A. credit of the discounts received account
  • B. debit of the discounts allowed account
  • C. credit of the discounts allowed accoun
  • D. debit of the discounts received account

Correct Answer: D. debit of the discounts received account



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