Q.

Which of the following statements is true?

A. Bank charges increase debit balance shown as per Bank Column of the Cash Book.
B. Bank charges increase debit balance as per Bank pass book.
C. A cash sale of a non-trading asset is recorded in the journal proper.
D. Cash discount allowed by the business will appear on the debit side of the debtor‘s account.
Answer» B. Bank charges increase debit balance as per Bank pass book.
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