The discount column on the left-hand side of cashbook rep...
The discount column on the left-hand side of cashbook represents a discount
Received from a creditor
Allowed to a debtor
Received from a debtor
Allowed to a creditor
Correct answer is B
Allowed to a debtor: the debit side of the cashbook is where all proceeds from sales are recorded and have to be matched with the discount allowed to the debtor /creditor
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Which of the following errors will affect the agreement of the trial balance? ...