write three advantages of cash book
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Advantages of Cash book
Daily cash receipts and cash payments are easily ascertained.
Cash in hand at any time can easily be ascertained through Cash Book balance.
Any mistake in the book can be easily detected at the time of verification of cash.
Any defalcation of money can be detected while verifying cash.
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Answer:
- Daily cash receipts and cash payments are easily ascertained.
- Cash in hand at any time can easily be ascertained through Cash Book balance.
- Any mistake in the book can be easily detected at the time of verification of cash.
Explanation:
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