Accountancy, asked by sanubanna700, 1 month ago

characteristics of cash book

Answers

Answered by kavitha2057

1

Answer:

The main features of the cash book are as under:

(i) Records Only Cash and Bank Transactions:

(ii) Transactions are Recorded in the Chronological Order:

(iii) Cash Column cannot have Credit Balance:

(iv) Similar to Journal:

(v) Similar to Ledger:

(v) Journal and Ledger Both:

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