Basic principles of accounting
This query is : Resolved
Satish Aher
(Querist)
02 April 2018
As per rule.Which account of,Discount Allowed
Nikhil Kaushik
(Expert)
03 April 2018
for basic accounting principles, please refer class XI accounting text books
CA SAYANTAN BASU
(Expert)
03 April 2018
Discount allowed is loss a/c . When we give the discount then we are loe some money . So all loss a/cs are nominal a/cs ....
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