Accountancy, asked by kirti141525, 11 months ago

difference between discount allowed and received?​

Answers

Answered by SibghaGhouri
1

Answer:

A discount allowed is when the seller of goods or services grants a payment discount to a buyer. ... A discount received is the reverse situation, where the buyer of goods or services is granted a discount by the seller. The examples just noted for a discount allowed also apply to a discount received.

Answered by Karhar
1

Answer:

Discount allowed means given by you and given means when we receive

Explanation:

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