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Question 6 Chapter 1 Of +2-A - T.S. Grewal 12 Class Part

The solution of Question 6 Chapter 1 of +2-A - T.S. Grewal +2 Book 2019 with the explanation of all transactions to understand better.

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Journal Entry for Discount Allowed | Examples | TutorsTips.com

Journal Entry for Discount Allowed | The discount means the reduction in the selling price of the product.So, it is the loss of the seller of the goods according to Nominal rule he will debit the discount A/c.

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