If both the seller uses a perpetual inventory systems, the seller credits Sales Discounts when payment is remitted within the discount period.

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In a perpetual inventory system, the seller credits the "Accounts Receivable" account when payment is received within the discount period, not "Sales Discounts." "Sales Discounts" is a contra-revenue account used to record discounts given, but it is not credited in this context.

If Both the Seller Uses a Perpetual Inventory Systems, the Seller