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Subject - Accounting:

General Concepts

MCQ - 30-32

Question:

Discounts received are:

  1. Deducted by us when we pay our accounts
  2. Deducted when we receive cash
  3. Given by us when we sell goods on credit
  4. Deducted when we receive cash

Correct Answer: A

Explanation:

Not available

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Record Performance

355 MCQ for effective preparation of the test of General Concepts of Accounting section.

Read the MCQ statement: Discounts received are:, keenly and apply the method you have learn through the video lessons for General Concepts to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 30-32.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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