A cash book records:
Correct answer C. Both cash receipts and cash payments
Explanation
A cash book records all cash receipts on the debit side and all cash payments on the credit side.
Tip: press A, B, C or D to answer, and N for the next question.
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More Cash Book questions
See allCash book is prepared by?
Correct answer B. Accountant of business
Discount received is recorded on which of the following side of a cash book?
Correct answer B. Payments
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The closing balance of petty cash book is considered as?
Correct answer B. Asset
A credit balance in cash book indicates?
Correct answer C. Bank overdraft
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