Discount allowed is enjoyed by
...Discount allowed is enjoyed by
Managers
Customers
Suppliers
Staff of the company
Correct answer is B
Customer: customers are the one that enjoys discount allowed. It is allowed to them by the suppliers. it can be in cash or trade
The principal function of a sales ledger control account is to ...
(i)Orientation (ii) Entity (iii)Legal status (iv)Finance. Which of the characteristi...
The rule of accounting equation requires that account payable should be placed under? ...
Expenditure incurred on consumables and goods for resale is? ...
Given: Subscriptions received.........N200,000 Subscriptions owed.............N10,000 Subscript...
Given: Bank overdraft..............N2000 Cash........................N2000 Furniture................
Use the information to answer the given question. RECEIPTS AND PAYMENTS ACCOUNT: \(\begin{array}{...