Question

mention two features of cash book​

Answer 1

Explanation:

(i) Records Only Cash and Bank Transactions:

(ii) Transactions are Recorded in the Chronological Order:

Answer 2

Answer: (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:

Explanation: