Rebecca sells inventory to a customer
for R100 and offers 10% prompt settlement discount.

How would you record it if is probable
that the customer will not
take advantage of the discount?

Question

Rebecca sells inventory to a customer
for R100 and offers 10% prompt settlement discount.

How would you record it if is probable
that the customer will  not 
take advantage of the discount?

Answer

Dr Trade receivables          10,      Cr discount received        10

Answer

Dr Trade receivables       90,      Cr Sales                               90

Answer

Dr Trade receivables     100,      Cr Sales                             100

Answer

Dr   Bank                           100,     Cr Sales                           100

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