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Why party account dr. in discount received


12 June 2021 when discount received from party

then why debited the party account
example
by party
to discount received

why not credit the party account

12 June 2021 Discount received is as good as income (because such discounts are reduced from expense).
Discount received when debited to the vendor would reduce the liability to the extent of discount.
If such discounts are credited to the vendor, it would increase the liability which am sure we all don't want to happen.


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