What type of entry is made in a cash book when ... - SS1 Accounting The Three-Column Cash Book With Discounts Well Explained Question
What type of entry is made in a cash book when a customer receives a discount for early payment?
A
Credit to the cash received column
B
Debit to the discount column
C
Credit to the discount column
D
Debit to the cash payments column
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Correct Option: C
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