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Why does provision for discount on …

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Why does provision for discount on creditors is written on credit side ??

    • Posted by Kaveri Kesarwani 7 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Gaurav Bansal 7 years, 3 months ago

    Also it is type of income for us

    1Thank You

    Dhriti Jain 7 years, 3 months ago

    All provisions are liabilites . So they are written on credit side

    1Thank You

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