Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Tuesday, 05 November 2024

RegisterLogin

If the total discount allowed in a cash book was N230 and the total discount received ...

If the total discount allowed in a cash book was N230 and the total discount received was N255, which of the following is true concerning the two discounts?

A. They must be balanced in the cash book and the difference taken to the debtors ledger
B. They must be balanced in the cash book and the difference taken to the trial balance
C. They should not be balanced in the cash book before being taking to the trial balance
D. They should not appear in the trial balance as they were already either received or paid out




STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy