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Alaka who owed Saka #15,000, settled his debt after deducting cash discount of 10percent. To record the discount in the book of Saka, debit

Alaka who owed Saka #15,000, settled his debt after deducting cash discount of 10percent. To record the discount in the book of Saka, debit

A discount recieved account and credit Alaka’s account

B Alaka’s account and credit discount recieved account

C Saka’s account and credit discount recieved account

D discount allowed account and credit Alaka’s account

Answer is D

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