Question

discount allowed by creditors...journal entry.?​

Answer 1

Answer: hey mate here is your answer

Explanation:

Discount AllowedA/c............dr.

To creditor A/c

(being discount allowed by creditor)

Hope its helpfull for you

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Answer 2

Explanation:

discount allowed by creditors

here, creditors had given discount to us

JOURNAL ENTRY IS

CASH A/C Dr

To DISCOUNT RECEIVED A/C

HOPE IT HELPS U