Cash discount is allowed on _______ repayment of debt.

Related Mcqs:

An entry which is made on both sides of a cash book is called__________?

A. Cash entry B. Contra entry C. Payment entry D. Compound entry...

Cash book records:______________?

A. Cash payments B. Cash receipts C. Cash payments and cash receipts D. Neither cash payments nor cash receipts...

Cash book is prepared by____________?

A. Bank B. Accountant of business C. Manager of a company D. Bank’s cashier...

A credit balance in cash book indicates?

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

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...