When a firm maintains a simple Cash Book, it need not maintain ____________.

sales journal

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purchases journal

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general journal

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cash account in the ledger

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Solution

The correct option is B cash account in the ledger
When a firm maintains a simple Cash Book, it need not maintain cash account in the ledger.

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When a firm maintains a simple Cash Book, it need not maintain ____________.

The correct option is B cash account in the ledgerWhen a firm maintains a simple Cash Book, it need not maintain cash account in the ledger.

The correct option is B cash account in the ledger
When a firm maintains a simple Cash Book, it need not maintain cash account in the ledger.