Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 47 - No. 2)
What does it mean to have a cash book?
It is a summary of all of the cash transactions.
It is a summary of the business's assets.
It is a record of all of the customer's balances.
It is a record of all of the sales transactions.
Explanation
A cash book is the record of all cash receipts and payments.
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