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cash discount expenses vs lost cash discount

hi

difference for cash discount expenses vs lost cash discount

what gl a/c for lost cash discount (exp. or curent liability)

thank u

shusma

Former Member replied

Cash Discount(expense): If any discount given to customer that should be treated as discount.

Lost Cash Discount: I understand this is (missing)lost of cash?? if so, you have to treat this as expense.

Vijay

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