WAEC Book Keeping 2024 Objective — Question 38

Question 38 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.

38. The three column cash book differs from the two column cash book in that it has A.

A. folio columns.
B. discount columns.Correct
C. bank columns.
D. cash columns.

Explanation

The discount column is the only thing that differentiates a two-column cash book from a three column cash book.

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