Question

cash discount is a real account? is it true or false

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Answer 1

Answer:

This statement is False.

Therefore, cash discount, as an expense, will appear in the book of account.

Answer 2

Answer:

The answer is false

Explanation:

cash discount is a deduction allowed by the seller of goods or by the provider of services in order to motivate the customers to pay with in a specified time. 

This discount should be recorded in the books of accounts as this involves accounting terms.