Cash book with cash and discount column is mostly referred as________?

Related Mcqs:

The closing balance of petty cash book is considered as_________?

A. Liability B. Asset C. Expenses D. Income...

A credit balance in cash book indicates?

A. Bank balance B. Cash at bank C. Bank overdraft D. Bank underdraft...

A cash book that is used to record the small payments of cash is generally referred as_________?

A. Simple cash book B. Two column cash book C. Three column cash book D. Petty cash book...

Cash discount is allowed on _______ repayment of debt.

A. Lump sum B. Prompt C. Actual D. None of them...

Drawings by owner of business are generally recorded on which of the following side of a cash book?

A. Receipts B. Payments C. Incomes D. Expenditures...