In a three-column cash book; the discount allowed is shown on the? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. debit side B. credit side C. folio column D. memorandum column Correct Answer: Option A – debit side Users Also Read These:Cash discount received is shown in the i. cash ii.…In bank reconciliation, when a cash book shows a…Abba offers 5% cash discount on goods worth N10000.…Alaka who owed Saka #15000 settled his debt after…When discount is allowed, the accounting entry is…