What is the common name for a cash book that includes both cash and discount columns?

Choose the correct answer

Explanation

A cash book that records both cash transactions and discount details typically has two columns. This type of cash book is known as a two-column cash book, distinguishing it from simple cash books (which have only one column) and three-column cash books (which include an additional bank column).

What is the common name for a cash book that include… — Accounting Mcqs | PakQuizHub