Discount Received and Discount Given

This query is : Resolved 

21 March 2022 Discount Received against FIXED Assets
Discount Given against Fixed Assets
How to book in Books of Accounts
and
Discount Given and Discount Received against Revenue income and expenses how to books in books of Accounts.

22 March 2022 Discount Received against FIXED Assets reduce cost of fixed assets.
Discount given reduce it from turnover.
In case of revenue reduce the turnover and reduce expenses.
Account net expenses or income after discount.


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