Accountancy, asked by meenudubey191, 2 months ago

which transactions are not recorded in cash book?​

Answers

Answered by bhumikasofat45
0

Answer:

Credit transactions are not recorded in cash book.

hope it helps u

Answered by Hansika4871
0

Credit transactions are not recorded on the cash book.

  • A cash book is a financial journal that contains a ll the cash disbursements and receipts.
  • These receipts include bank-related deposits and withdrawals.
  • A credit transaction is the repayment of money or goods or services or properties sold or leased.
  • As we use cash book for profit related transactions and credit is the repayment.
  • So we do not include the credit transitions in cash book.

#SPJ2

Similar questions