Question

what are the features of cash book​

Answer 1

Explanation:

The main features of the cash book are as under:

(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:

Answer 2

Answer:

The main features of the cash book are as under:

(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