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What kind of transaction are recorded in cash book

Posted by Samida Ruhi 5 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Krishna Rajput 5 years, 8 months ago

Business Transactions

Yogita Ingle 5 years, 9 months ago

Cash book shows all the transactions related to cash receipts and payments. Cash Book serves two purposes. First, all the cash transactions are recorded first time in cash book it becomes BOOK OF ORIGINAL ENTRY. Second, there is no need to prepare Cash a/c in ledger it also play the role of Principal Book.

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