Question

which of the following is not recorded in cash book?

A) bad debts
B) prepaid insurance
C) trade discount allowed
D) freight paid for acquiring

Answer 1

Hii friend here is ur answer

D) freight paid for acquiring

Hope it helps u ❤❤

Answer 2

Freight paid for acquiring is not recorded in cash book.

Option d

Explanation:

Here in this vertical question in my opinion out of all the other options, option d is the right answer. Option d is freight paid for acquiring. Freight charges are not considered to be revenue expenditures but freight charges are capital expenses therefore making them not to be recorded in the cash book.

Freight paid is the cost that is spent by the firm for the transportation of goods from one part to another part. Therefore making it a capital expense. Hence it will not be considered in the cash book .

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