Home » Classroom » SS1 Accounting The Three-Column Cash Book With Discounts Well Explained Question

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

correct option: c
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses