Exam C_TS452_2410 Topic 10 Question 9 Discussion

A. The cash discount amount is NOT considered; it is only posted to a cash discount account when the payment is made.

B. The cash discount amount is posted from a cash discount clearing account to the stock account or cost account.

C. The cash discount amount is credited to the stock or cost account.

D. The cash discount amount is posted to a cash discount clearing account, which is cleared at the time of payment.