Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 17 - No. 16)
Which items will be recorded on the debit side of the cash book?
Cash sales
Cheque received from the customer
Withdrawal of cash by the owner
Payment to suppliers
Explanation
The debit side of the cash book records cash inflows, such as cash sales and cheques received. Withdrawal of cash by the owner and payment to suppliers are cash outflows, which are recorded on the credit side.
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