What do you mean by cash book?
AccountancyClass 11CBSEAnswered 23 Jun 2026
Answer
It is necessary and useful for a business to know continuously the cash or bank balance on hand. For this propose and for facilitating the record of cash transactions, the cash book is maintained.
Cash Book is a special journal. This book enables us to known the balance of cash in hand or at bank at any point of time.
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