The total of the discount from creditors is transferred to

Accounts - Principles of Accounts

WAEC 2007

A. credit side of discounts received account
B. debit side of discounts received account
C. credit side of discounts allowed account
D. debit side of discounts allowed account

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Correct Answer: Option A

Explanation

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The total of the discount from creditors is transferred to

Correct Answer: Option A

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