Question

3.Which of the following item is not included in the Cash Book? * (a) Purchases of Rs. 10,000 (b) Sales of Rs.5,000 (c) Received cash for Salman Rs. 2,000 (d) Credit sales of Rs. 22,0006

Answer 1

Answer:

d) is not included

please mark as brainliest and follow me

Answer 2

Credit sales of 2,20,006 are not included in the cash book. (Option D)

• A cash book is a book of accounts maintained to record cash transactions.
• It records only those activities which lead to an inflow or outflow of cash.
• Credit sales are not included because they will generate revenue in the future and do not lead to an inflow of cash today.
• Any purchases/ sales involving cash are included in the cash book.