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Difference between cash and bank

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Difference between cash and bank

    • Posted by Ayush Kumar 4 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sia ? 4 years, 6 months ago

    In bank account,

    We record all bank related transactions like , goods purchased or sold expenses paid or income received through cheque or bank draft.

    Whereas

    in cash account, we record only cash transactions like cash sales , cash purchases, income received through cash, expenses paid in cash.

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