Discounts allowed is charged to
...Discounts allowed is charged to
Trading account
Balance sheet
Current account
Profit and loss account
Correct answer is D
No explanation has been provided for this answer.
Carriage outwards is accounting term for amount spent on ...
Provision for doubtful debts------1,000Cr Bad debts--------500Dr Debtors-------50,000Dr Additiona...
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7 800.............
$ Cash book balance (credit) 750 Uncredited chequ...
Lighting..................N2925 Rent......................N2640 Salary....................N4050 ...
$ Trade creditors (31/12/2020) ...
Agreement between partners is contained in the partnership ...