9.Assertion(A): Cash Book is both a Subsidiary Book and a Principal Book.
Reason(R) Because it is prepared from the transaction recorded in the
journal.
OA) Both (A) and (R) are correct and (R) is the correct explanation for (A).
B) Both (A) and (R) are correct but (R) is the wrong explanation for (A).
OC) (A) is correct and (R) is wrong.
O D) (R) is correct and (A) is wrong.
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Answer:
A is the right answer I guess
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Option C). (A) is correct and (R) is wrong. is the correct answer.
Cash Book is both a Subsidiary book and a Principal Book. Subsidiary Book- As all cash transactions are recorded directly in the Cash Book, so there is no need to record them separately in Journal.
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