Which of the following are recorded on the debit side of the cash book?

by | Dec 1 | Accounting JAMB | 0 comments

  1. Cash sales
  2. Cash purchases
  3. Cash discount allowed
  4. Cash payment
  5. Cash receipts

A. i and ii
B. i and iii
C. i and v
D. i and iv

Correct Answer:

Option C – i and v

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