ACCOUNT
JAMB 2023 - Question 29
Account 2023 JAMB Past Questions - Question 29: The discount column on the left-hand side of cash book represents a discount
A:
B:
C:
D:
Correct Answer
C
Explanation
The discount on the left hand side is known as discount allowed and it is given by a firm to its customers when they pay their accounts quickly or promptly.

