MP Board · Class 11 · Accountancy · Recording of Transactions - IIA Cash Book with Cash and Discount columns is known as:
Step-by-Step Solution
A Cash Book with cash and discount columns is known as a Two-column Cash Book or Double-column Cash Book.
Detailed Options Breakdown
Option : Simple Cash Book
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Recording of Transactions - II.
Option 1: Two-column Cash Book (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Three-column Cash Book
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Recording of Transactions - II.
Option 3: Petty Cash Book
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Recording of Transactions - II.
💡 Study Guide: This question tests core syllabus concepts from Recording of Transactions - II. For formulas, key summaries, and mock exam reference guides, read the full Recording of Transactions - II Revision Notes.