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Discount received is shown in the
Question 1
Report
Discount received is shown in the
credit side of sales ledger balances
debit side f bought ledger balances
credit side of bought ledger balances
debit side of sales ledger balances
sales ledger balances as contra entry
Answer Details
Read lesson note on Cashbook (JAMB)
Read lesson note on Control Accounts And Self-balancing Ledgers (JAMB)
Cashbook
Control Accounts And Self-balancing Ledgers
View Answer