Determine if a discount was taken and if so how much was it


Received a check from laker marine supply in full payment of the balance of their account . You must determine if a discount was taken and if so how much was it. Seaside marina only grants discounts on the basis of full payment of an invoice within the discount period.

How do I write this as journal entry.

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Accounting Basics: Determine if a discount was taken and if so how much was it
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