Discounts granted branch customers are treated as a debit to branch?
FINANCIAL
JAMB 2004
Discounts granted branch customers are treated as a debit to branch?
- A. stock account and a credit to branch debtors' account
- B. discount account and a credit to branch bank account
- C. stock account and a credit to branch bank account
- D. discount account and a credit to branch debtors' account
Correct Answer: D. discount account and a credit to branch debtors' account
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