Explain the meaning of cash book. - Vidyadip

Question

Explain the meaning of cash book.

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Answer

Cash book Is a type of subsidiary book in which all cash transactions are recorded. Transactions relating to cash, bank and cash discount are recorded in the cash book.
Cash book is a separate book of the subsidiary books. It works as a ledger and as a journal both. Cash receipts and payment are recorded In the cash book and at the end of the given period cash balance as well as bank balance can also be known from cash book.

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