In a control account; discount received is found on the?

By: |Published on: Dec 8|Categories: Accounting JAMB| 0 comments

A. debit side of the purchase ledger control account
B. debit side of the sales ledger control account
C. credit side of the purchase ledger control account
D. credit side of the sales ledger control account

Correct Answer:

Option A – debit side of the purchase ledger control account

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