Discount column of the cash book is never balanced. [Dec. 2021, 2 Marks]
Options
A
B
C
D
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Accounting ProcessQuestion 4670 of 84
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
True: Discount column of cash book is never balanced as individual totals of discount allowed
& discount received columns are transferred to their respective accounts.
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