Question

Which of the following items could not
appear in the Total Debtors Account?
A) Discount allowed
B) Cash sales
c) Credit Sales
D) Amount collected from Debtors​

Answer 1

Answer:

Credit sales

Credit sales will be shown on debit side of debtors account. Credit sales means allowances of goods to customers in order to pay in advance.

Answer 2

A) DISCOUNT ALLOWED

Discount allowed is a reduction in price of goods or services allowed by a seller to a buyer and is an expense for the seller. However, Discount received is the concession in price received by the buyer of the goods and services from the seller and is an income for the buyer.