CA Foundation doubt
In this journal entry ,can we write Discount allowed a/c instead of Profit and loss A/c ?
Asked by Akansha3 Jun 2026782 views
3 answers
Maha · 4 Jun 2026
No because it's about defective goods If they are not defective then discount kr skte ho
Akshuuu · 3 Jun 2026
This is a loss on damaged goods, not a customer benefit
Akshuuu · 3 Jun 2026
No, you cannot use Discount Allowed A/c instead of Profit and Loss A/cfor this transaction.
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