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Cash book with cash and discount column is mostly referred to as
Answer & Solution
Correct Answer:
Option
B
Two Column Cash Books - In this discounts is also recorded with cash transactions. So both discounts received and the discount that is given is recorded here. If any organization is in a general practice of giving or receiving discounts this is the preferable option.
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LoginExplanation:
Cash book with cash and discount column is mostly referred to as two columns cash book. In three column cash book Cash, discount and also bank column included.
B) Double column cash book ;contained two column "cash column and bank column".
C) Triple column cash book ;here contained three column "cash,bank and discount column.