CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Cash Book

Cash receipts...

Question

Cash receipts and cash payments are recorded in book.

A

cash

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

sales

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

cash and sales

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

cash and purchase

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A cash
Cash receipts and cash payments are recorded only in cash book.

Suggest Corrections

thumbs-up

2

Similar questions

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

Q. Cash book records transactions relating to receipts and payments.

Q. The Receipts and Payment account is prepared at the _______ of the accounting year on the basis of cash receipts and cash payments recorded in the _______ book.

Q. __________ system records only actual cash receipts and payments.

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

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Special Journal

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon