Question

similarities of cash book with ledger????

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Answer 1

Answer:

In a way, the cash book serves the purpose of the ledger. In both the cash book and ledger opening balances are brought down and closing balances are carried forward. Both have debits and credits side. Both have ledger folios used as a reference.

Answer 2

Answer:

In a way, the cash book serves the purpose of the ledger. In both the cash book and ledger opening balances are brought down and closing balances are carried forward. Both have debits and credits side. Both have ledger folios used as a reference.