The periodical total of discount column on receipts side of a Triple Column Cash Book is recorded to the
A) Credit side of Discount Account
B) Credit side of provision for Discount Account
C) Debit side of Discount Account
D) Credit side of Debtor's Account
Correct Answer:
Verified
Q15: Which of the following statements is/are true?
(i)
Q16: The entry to record the collection of
Q17: ABC Ltd. makes payments to its Sundry
Q18: R Ltd. makes purchases on credit. If
Q19: If Office Equipment is purchased for cash,
Q21: Which of the following statements is false?
A)Credit
Q22: Purchase of Fixed Assets on credit is
Q23: If you start with cash book favorable
Q24: When a Fixed Asset is obtained as
Q25: Which of the following is/are fixed asset(s)?
A)Closing
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