Solved EPFO APFC Question
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Q · AccountingMedium · 45s
In which account is "Discount Allowed" recorded?
TopicAccounting
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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Discount given to debtors is an expense for the business.
Final Answer: Option C — Expense