Recording a transaction in the Journal is known as
Ledger
Journal
Journalising
Final A/c
The things which comes in business should be
Debit
Credit
Both a and b
None of the above
The transactions relating to income and expenditure and the name of the person is given, they should be treated as
Cash transaction
Credit transaction
Received commission, from this transaction which account will be credited.
Commission A/c
Cash A/c
Receipt A/c
______ is an allowance off the selling price.
Trade discount
Cash discount
Both a & b
None of these
