Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 33 - No. 32)
Which of the following is true about the cash book's function?
It provides a record of all cash transactions.
It is a primary entry for bank transactions only.
It is a book of original entry and the ledger.
All of the above.
Explanation
The cash book is the primary book of entry for cash and bank transactions.
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