Interest Charged by the bank fOr bank overdraft
How to post on Triple Column Cash Book
Answers
Answered by
0
Answer:
A triple column cash book or three column Cash Book is one which consists of three separate columns on the debit side as well as credit side for recording cash, bank and discount. The discount column on the debit side of the cash book will record discounts allowed and that on the credit side discounts received. Discount columns in both side are not balanced only totaled.
Similar questions