Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 21 - No. 20)
What is a 'cash book' considered to be?
A book of prime entry and a ledger account
Only a ledger account
Only a book of prime entry
A general ledger
Explanation
A cash book serves as both a primary record of cash transactions (book of prime entry) and a summary of those transactions in a ledger account.
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