Question
Cash sales of trading goods is initially recorded in ________.
Cash sales of trading goods is initially recorded in ________.
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Solution
The correct option is B cash book
Cash book is maintained by the business to record all the cash transactions i.e. expense and revenues. Cash sales of goods must be recorded in cash book on the date of sale itself.
Cash book is maintained by the business to record all the cash transactions i.e. expense and revenues. Cash sales of goods must be recorded in cash book on the date of sale itself.
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