The primary purpose of a cashbook is to record cash transactions occurring in a business organisation. It acts both as a journal and a ledger for cash inflows and outflows. A cashbook follows the dual entry accounting system, and it is also an alternative to a cash account. We have compiled a list of multiple-choice questions and answers on cashbook to help students get a grip on this topic:
Answer: b Answer: a Answer: a Answer: b Answer: d Answer: d Answer: d Answer: b Answer: a Answer: a Answer: a Answer: b Answer: d Answer: a Answer: d Answer: a Answer: c Answer: b Answer: c Answer: d Answer: a Answer: c Answer: b Answer: a Answer: d Also See:
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