A sole trader purchased goods in cash worth N2000 at 2% discount and made a cash sale of N1000 at the same rate of discount. Determine the amount of discount allowed? by Sunday | Dec 5 | Accounting JAMB | 0 comments A. N20 B. N40 C. N400 D. N200 Correct Answer: Option A – N20 Users Also Read These:When discount is allowed, the accounting entry is…Ola presented his motor-cycle for sale to Musa at a…Abba offers 5% cash discount on goods worth N10000.…Determine the amount provided for discount allowed…The implied provisions in every sale of goods as…