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WorksheetsCASH BOOK
Total questions: 10
Worksheet time: 5mins
The total discount allowed in 3 column cash book will be posted into ________________________ in general ledger.
Discount
Discount Allowed ac
Discount Received ac
Cash ac
The following columns will be in 3 column cash book.
Cash
Bank
Discount
Customer
Discounts will not have any balances in 3 column cash book.
False
True
Bank ac can have debit or credit balances in 3 column cash book.
True
False.
Cash ac must have debit balance in 3 column cash book.
True
False
Received $2,300 from customers after allowing discount of 3%. Compute the discount allowed.
$69
$70
$61
$71
Received $12,300 from customers before allowing discount of 13%. Compute the discount allowed.
$1,599
$1,600
$1,838
$1,837
Paid suppliers after discount of 5% amounted to $34,700. Compute the discount received.
$1,735
$1,700
$1,827
$1,800
Paid suppliers before discount of 15% amounted to $134,700. Compute the discount received.
$20,205
$200,205
$23,771
$23,772
Who won the EURO 2020?
England
France
Malaysia
Italy
