Q301
The three column cash book represents
A.
Real accounts
B.
Nominal accounts
C.
Nominal and personal accounts
D.
Real, personal and nominal accounts
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The three column cash book represents Real, personal and nominal accounts. The three column cash book (also known as triple column cash book) has three money columns on both debit and credit side – one on each side for recording discount, cash and bank amounts.