The total of debit side of discount column of Cash Book is- | Faculties

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Shiva Ram

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📊 Financial Accounting

Q. The total of debit side of discount column of Cash Book is-

(A) Balanced with credit side of discount column ;
(B) Posted to Discount Allowed A/c;
(C) Posted to Discount Received A/c ;
(D) Posted to Profit & Loss A/c

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✅ Correct Answer: (B) Posted to Discount Allowed A/c;

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