What is the features of cash book?
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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:
Answered by
3
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:
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