The discount column on the left-hand side of cash book re...
The discount column on the left-hand side of cash book represents a discount
Received from a debtor
Allowed to a creditor
Allowed to a debtor
Received from a creditor
Correct answer is C
The discount on the left hand side is known as discount allowed and it is given by a firm to its customers when they pay their accounts quickly or promptly.
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