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Introduction to BookKeeping and Accounting | Week 111 Topics1 Quiz
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Introduction to Books of Accounts | Week 26 Topics1 Quiz
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Subsidiary Books of Account I | Week 34 Topics1 Quiz
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Subsidiary Books of Account II | Week 44 Topics1 Quiz
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Principles of Double Entry Bookkeeping | Week 52 Topics1 Quiz
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Cash Book | Week 66 Topics1 Quiz
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Petty Cash Book | Week 71 Topic1 Quiz
Topic Content:
- Cash Book
- Uses of Cash Book
- Nature of the Cash Book
- Types of Cash Book
What is a Cash Book?
Cash book is a book for recording receipts and payments of money in cash or cheque. The cash book performs the function of receiving and paying out money in the form of cash and cheques.
The Cash Book is a subsidiary bookA subsidiary book is a special accounting book, also known as a book of original entry (or prime entry), because transactions are first recorded there before being transferred (posted) into the... More because it records all cash and bank transactions as they happen. At the same time, it is also part of the principal bookThe Principal Book in accounting is the Ledger. It is called the principal book because all financial transactions of a business are finally transferred (posted) into it from the subsidiary books.... More (the ledger) because it serves the role of a Cash Account .
This is why
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