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Which of the following columns of a three column cash book are memoranda? i. Discount…

Which of the following columns of a three column cash book are memoranda? i. Discount ii. Discount allowed iii. Cash iv. Bank
  • A.
    i ans ii only
  • B.
    i and iii only
  • C.
    ii and iii only
  • D.
    iii and iv only
Correct Answer: Option D
Explanation