A

Admin • 802.91K Points
Coach

Q. Trade discount is:

  • (A) Recorded in books
  • (B) Not recorded in books
  • (C) Recorded as income
  • (D) Recorded as expense
  • Correct Answer - Option(B)
  • Views: 3
  • Filed under category Accounting
  • Hashtags:
Explanation by: Admin
Trade discount is not recorded in books; only net amount is recorded.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.