Home » Accounts (Principles of Accounts) » The total of the discounts received column in the cash book is posted to the?

The total of the discounts received column in the cash book is posted to the?

The total of the discounts received column in the cash book is posted to the?
  • A.
    credit of the discounts received account
  • B.
    debit of the discounts allowed account
  • C.
    credit of the discounts allowed accoun
  • D.
    debit of the discounts received account
Correct Answer: Option D
Explanation