Which accounts are not opened in the ledger when three columnar cash book is maintained by trader ?
A. Purchase and Sales account
B. Discount Allowed and Discount Received account
C. Cash and Bank account
D. Capital and Drawings account
Answer:C
Which accounts are not opened in the ledger when three columnar cash book is maintained by trader ?
A. Purchase and Sales account B. Discount Allowed and Discount Received account C. Cash and Bank account D. Capital and Drawings account