When a discount is allowed, the accounting entry is debit Discount allowed and credit?
A. suspense account
B. expense account
C. debtors account
D. creditors account
Correct Answer: Option C
C. debtors account
When a discount is allowed, the accounting entry is debit Discount allowed and credit?
A. suspense account
B. expense account
C. debtors account
D. creditors account
Correct Answer: Option C
C. debtors account
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