If a customer takes a sales discount an entry is made in the
A) cash receipts journal.
B) sales journal.
C) cash payments journal.
D) general journal.

Name: If a customer takes a sales discount an entry is made in the A) cash receipts journal. B) sales journal. C) cash payments journal. D) general journal.
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Question

Quizplus · Accepted Answer

When a customer takes a sales discount, it means they are paying the invoice before the due date and therefore, the entry should be made in the cash receipts journal.

If a Customer Takes a Sales Discount an Entry Is