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Cash book is a subsidiary book …

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Cash book is a subsidiary book as well as principal book. How

    • Posted by Sneha Goyal 7 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shashi Ramachandran 7 years, 7 months ago

    Cash book is a subsidiary book because cash transactions are first recorded in it but the format of cash book is like ledger. It serves the purpose of Cash account (principal book)as well. So no need to post in separate cash account

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