Accountancy, asked by mariyamkhan17102004, 1 month ago

Write charteristics of cash book.​

Answers

Answered by Sravanthinalli
3

Answer:

Cash book has the following features:

Acts as both a journal and a ledger.

Can be used as an alternative to a cash account for recording transactions.

It follows the dual entry system of accounting (i,e. ...

The debit side should be identical to the credit side.

Cash book should always have a debit balance.

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