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Hello dear tutor, discount received is recorded cash received book or cash payment side?
fredymaila: Please do not answer in this forum – it is the Ask the Tutor Forum and you are not the tutor. (But please do help people in the other general Paper FA forum 🙂 )
miracle657: If it is a settlement discount, then a note will be made of it in the cash payment side of an analysed cash book.
However the analysed cash book is not longer examinable in Paper FA, and all you need for the exam relating to discounts is covered in my free notes and lectures.
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