267. Cash book with cash and discount column is mostly referred to as

Simple cash book
Two columns cash book
Three columns cash book
Petty cash book
✅ The correct answer is 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.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top