Accountancy, asked by kirarbabita10, 6 months ago

how does a cash book serve dual purpose?​

Answers

Answered by Anonymous
4

Answer:

Cash Book serve the purpose of both the books, i.e.Book of original entry and the Ledger. ... A transaction is only to be recorded in Cash Book or Cash Account if there is either inflow or outflow of funds. Thus, cash book serves dual purpose.

Answered by Anonymous
11

Answer:

Cash Book serve the purpose of both the books, i.e.Book of original entry and the Ledger. ... A transaction is only to be recorded in Cash Book or Cash Account if there is either inflow or outflow of funds. Thus, cash book serves dual purpose.

Explanation:

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