Home
Class 11
ACCOUNTS
Briefly state how the cash book is both ...

Briefly state how the cash book is both journal and a ledger.

Text Solution

Verified by Experts

Cash book is essentially the book of original entry. once money book is maintained, transactions {of money|of money} aren't recorded within the journal and no separate account for cash or bank is needed within the ledger, during this manner. It serves the aim of the journal still because the ledger
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • RECORDING OF TRANSACTIONS-II

    NCERT|Exercise LONG ANSWERS|6 Videos

  • RECORDING OF TRANSACTIONS-II

    NCERT|Exercise SIMPLE CASH BOOK|3 Videos

  • RECORDING OF TRANSACTIONS-II

    NCERT|Exercise TRUE OR FALSE|12 Videos

  • RECORDING OF TRANSACTIONS-I

    NCERT|Exercise Long|7 Videos

  • THEORY BASE OF ACCOUNTING

    NCERT|Exercise All Questions|18 Videos

Similar Questions

Explore conceptually related problems

Cash book is a ………… journal.

Is Cash Book a journal or a ledger ?

Knowledge Check

  • The cash Book recorded

    A
    all cash receipt and payments.
    B
    cash and credit sale of goods
    C
    Both (a) and (b)
    D
    None of these.

  • State which of the following correctly complete the sentences gibve below: Which is both a book of Journal and Lendger

    A
    Cash Book.
    B
    General Joruanal.
    C
    Purchase Journal.
    D
    Sales Journal.

    • Similar Questions

    Explore conceptually related problems

    Name the book which is considered as both journal and ledger .

    Cash Book is both a subsidiary book and a ledger account.

    Briefly explain the Petty Cash Book.

    What is a Cash Book ?

    What is a Cash Book ?

    Give one distinction between books of original entry and ledger.

    Home
    Profile