Question

3. Ravi has purchased goods for cash from Girish for 10000. Discount allowed will be recorded in
a) Cash book
b) Journal book
c) Both cash and journal book
d) Petty cash book​

Answer 1

Answer:

C. pls marks as brainliest

and follow

Answer 2

Answer:

c) Both cash and journal book

Explanation:

c) Both cash and journal book Is the correct answer of this question .

a cash book that serves as both a ledger and a journal. Because it initially records the cash transactions from the source document before posting them to the appropriate ledger accounts, the cash book qualifies as a journal. The cash book functions as a ledger in the same way that a cash account does. The Cash Account need not be prepared at the same time as the Cash Book. As a result, the cash book fulfils the functions of both the major book and the subsidiary book.

It is a collection of unique entries. A cashbook is regarded as a journal since all cash and bank receipts and payments are documented there in a way that is comparable to journal posting .

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