Question

Trade Discount allowed
(a) is shown separately in the books of account.
(6) is not shown separately in the books of account.
(c) can be shown either separately or deducted from purchase cost.
(d) None of the above.
ntion
in not of financial character?
11​

Answer 1

Answer:

Correct answer is option (a)

Answer 2

Answer:

Trade Discount is Not Recorded and shown in Books of Accounts and Financial statements

Hence option (b) is Correct