Accountancy, asked by rudrapurohit32, 5 months ago

state weather discount received is an income or expense
answer fast first best answer will be mark as brainliest​

Answers

Answered by anjali983584
5

Explanation:

Discounts allowed represent a debit or expense, while discount received are registered as a credit or income.

Answered by medidisoniar
2

Hi mate

Explanation:

Discounts allowed represent a debit or expense, while discount received are registered as a income. both discount s allowed and discounts received can be further divided into cash and trade discounts..

PLEASE MARK ME AS A BRAINLY

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