Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 34 - No. 16)

Which statement is true about cash books?

Cash book is used to record only cash receipts.

Cash book is used to record only cash payments.

Cash book is used to record cash in hand transactions and bank transaction.

Cash book is only used in large companies.

Cash book is used to record both cash in hand transactions and bank transactions.