DISCOUNTS

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi everyone, bit stuck on discounts allowed and discounts received.<BR><BR>Is there any easy way to remember if discounts allowed/received are debits or credits? I always seem to forget them when im doing the practice question.<BR><BR>Chris.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    DISCOUNTS

    The easiest way that I can remember the discounts is = DAD<BR><BR>Discount Allowed Debit = DAD<BR><BR>This way you will always remember the other side<BR><BR>Hope this helps
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DISCOUNTS

    Thats quite good actually, thanks.

Categories

Privacy Policy