Cash book records transactions relating to receipts and payments.

True

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False

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Solution

The correct option is A True
Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis.

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Similar questions

Q. Cash receipts and cash payments are recorded in book.

Q. Current account records receipts and payments of transactions relating to visible items only.

Q. Which of the following statements is/are true?
(i) Cash book records all cash receipts and cash payments.
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(iii) Cash book records discount on cash payments
Select the correct answer from the options given below :-

Q. _________ may be defined as the record of transaction concerning cash receipts and cash payment.

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Cash book records transactions relating to receipts and payments.

The correct option is A TrueCash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis.

The correct option is A True
Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis.