The use of a three column cash book is determined by
...The use of a three column cash book is determined by
Cash discount
Trade discount
Cash transaction
Bank transaction
Correct answer is A
A cash discount is a deduction allowed by the seller of goods or by the provider of services in order to motivate the customer to pay within a specified time
In a situation of incomplete records, profit is determined as ...
One of the objective of maintaining the account of a branch at the head office is to ...
The amount of each invoiced goods sent to the branch is debited to? ...
\(\begin{array}{c|c} \text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline \text{...
The assumption that a business has perpetual existence is recognized by ...
Transfers from the head office to branches are best carried out at? ...