Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 44 - No. 22)
What is the primary goal of a cash book?
To record all transactions in the general ledger.
To provide information for inventory control.
To track all cash inflows and outflows.
To calculate the company's net profit.
Explanation
The cash book's main function is to document all cash coming in and going out of the business.
Comments (0)
