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What is the entry for Discount Received? & What is the
entry for discount paid?
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Answer Posted / anant
1) Discount Received
Party A/C Dr
To Discount Received A/C
To Bank A/c
2) Discount Allowed
Bank A/c
Discount Allowed A/c
To Party A/c
| Is This Answer Correct ? | 2 Yes | 0 No |
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