Question

cash discount is shown in______ book.

(11th accounts)
pls ans correctly ❤️​

Answer 1

Discount allowed by a seller is a loss, since he is receiving lesser amount than what he could have received without allowing discount.

Hence, at the time of receiving the payment, discount allowed is recorded in the 'Discount' column on the debit side (or receipts side) of the Double Column Cash Book (with cash and discount columns).

This statement also holds valid in case of Triple Column Cash Book (with cash, discount and bank columns).

Hope this information helps u...!!!

Answer 2

Answer:

Shivam jo hua bhul jaa ohk ..we are besties 4ever ✌️

btw mujhe unfollow kyu kar raha hai?? phir puchta hai gussa kyu hoti hai

#pagal #gadha

❤️sorry ❤️

Explanation:

❤️Tanvi here...❤️