The total of the discount from creditors is transferred t...
The total of the discount from creditors is transferred to
Credit side of discounts received account
Debit side of discounts received account
Credit side of discounts allowed account
Debit side of discounts allowed account
Correct answer is A
No explanation has been provided for this answer.
Which of the following account is kept by local governments in Nigeria? ...
In the absence of a sales day book or sales account the credit for sales can be computed from ...
Which of the following is not an item in the profit and loss account? ...
If cheques of N40,000 were received but a cheque of N8,000 was dishonoured, the amount owed was ...
Resources owned and controlled by a business are classified as ...
Goods returned to branch by customers is recorded in the head office books be debiting? ...
The imprest account is subsidiary to the ...
Given: Light expenses...................N400 Purchases........................N3,000 Sales..........