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The use of a three column cash book is determined by


Question

The use of a three column cash book is determined by

Options

A) cash discount

B) trade discount

C) cash transaction

D) Bank transaction

The correct answer is A.

Explanation:

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

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  • 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

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