Accountancy, asked by neel9379, 2 months ago

Is it necessary to prepare cash Account and Bank Account when cash book with
bank and cash column is prepared? Give reason to support your answer.

Answers

Answered by mitaljasmani1846
9

Answer:

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Answered by prachi995
3

Answer:

Businesses maintain cash book to record both the cash as well as bank transactions. A Cashbook has a cash column which shows cash available with the business and a bank column which shows cash at bank. Bank also keeps an account for every customer in their books.

Hope you find it helpful.

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