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1. Cash sales 11. Cash purchases 111. Cash discount allowed 1V. Cash payment V. Cash...

Accounts - Principles of Accounts
JAMB 2014

1. Cash sales
11. Cash purchases
111. Cash discount allowed
1V. Cash payment
V. Cash receipts

Which of the following are recorded on the debit side of the cash book
  • A. 1 and 11
  • B. 1 and 111
  • C. 1 and V
  • D. 1 and 1V
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Correct Answer: Option C
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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