A

Admin • 833.24K Points
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Q. Which type of discount is recorded in the books of accounts?

  • (A) Trade Discount
  • (B) Quantity Discount
  • (C) Cash Discount
  • (D) Seasonal Discount
  • Correct Answer - Option(C)
  • Views: 24
  • Filed under category Accounting
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Explanation by: Admin

Only Cash Discounts are recorded in the books; Trade Discounts are not recorded.

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