Accountancy, asked by laln99312, 1 month ago

explain the system of what is the retail cash book​

Answers

Answered by peehuthakur
0

Answer:

A cash book is a separate ledger in which cash transactions are recorded, whereas a cash account is an account within a general ledger. A cash book serves the purpose of both the journal and ledger, whereas a cash account is structured like a ledger. ... Daily cash balances are easy to access and determine

Explanation:

Mark me as a brainliest

Answered by prajapatijigar656
1

A cash book is a separate ledger in which cash transactions are recorded, whereas a cash account is an account within a general ledger. A cash book serves the purpose of both the journal and ledger, whereas a cash account is structured like a ledger. ... Daily cash balances are easy to access and determine.

i hope this answer will help you

Similar questions