ErrorsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › ErrorsThis topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts October 12, 2018 at 1:28 pm #477537 accastudent22MemberTopics: 2Replies: 0☆i am confused in this transaction that is discount allowed 48 had been entered in the error on the debit side of the discount received account.I want to know the explanation of the correction of this error. October 13, 2018 at 11:17 am #477758 John MoffatKeymasterTopics: 56Replies: 53843☆☆☆☆☆The correct entry is to debit discounts allowed account.So to correct the mistake, credit discounts received (to remove what should not be there), and debit discounts allowed.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In