Discount received is recorded on which of the following side of a cash book?

Discount received is recorded on which of the following side of a cash book? Correct Answer Payments

Discount Received is a column found on the credit side of the Cash Book.When a creditor is paid and the business receives a discount the discount received and is recorded in the discount received column and the corresponding entry appears as a debit in the creditor’s account.
Bissoy MCQ

Related Questions

Ten books are arranged in a row following a certain sequence. Among them 3 are History , 3 are Economics, 2 are Maths and 2 are English. From the left, there is an English book between a History and Maths book, a history book between a Maths and an English book, an Economics book between an English and a Maths Book. a Maths book between two Economics books and two Economics two Economics book between a Maths and a History book. Book of which subject is at the sixth position from the left?
Ten bools are arranged in a row following a certain sequence.Among them 3 History,3 are Economics, 2 are Math's and are English.From the left,There is English book between a History and Math's book, a History book between a Math's and an English book, an Economics book between an English and a Math's Book Math's book between two Economics books and two Economics book between Math's and a History book.Book of which subject is at the sixth position from the left?
Purchase of office equipment for cash will be recorded on which side of a cash book?
Rajib received 15% discount to purchase his book. The total discount he received was Tk. 75. What was the cost of books net of discount?
Drawings by owner of business are generally recorded on which of the following side of a cash book?
Payment of rent expenses is recorded on which side of cash book?
Introduction of capital by owner of business is recorded on which side of a cash book?
'Ready cash' 'Q-cash; E-cash'িএর মাধ্যমে বাণিজ্যিক ব্যাংকগুলো কী সুবিধা দিচ্ছে?
On an accounting report of cash flows an "increase (decrease) in cash and cash equivalents" shows
A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount from the discount price during a special sale, what would be the lowest possible price of a toy costing Tk. 16 before any discount?