The prime entry for reversing a discount allowed to a customer would be in: (a) The credit

Question:

The prime entry for reversing a discount allowed to a customer would be in:

(a) The credit side of the Cash Book

(b) The debit side of the Cash Book

(c) The Sales Day Book

(d) Neither of the above

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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