If a customer does not take advantage of a sales discount, the Sales Discount account is credited instead of debited.

Question

Quizplus · Accepted Answer

If a customer does not take advantage of a sales discount, the Sales Discount account is not affected as no discount has been given. Instead, the revenue account (or accounts receivable account if the sale is on credit) will be credited for the full amount of the sale.

If a Customer Does Not Take Advantage of a Sales