The use of a three column cash book is determined by
FINANCIAL
JAMB 2017
The use of a three column cash book is determined by
- A. cash discount
- B. trade discount
- C. cash transaction
- D. Bank transaction
Correct Answer: A. cash discount
Explanation
A cash discount is a deduction allowed by the seller of goods or by the provider of services in order to motivate the customer to pay within a specified time
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