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All cash receipts and cash payments are straight way recorded in the Cash Book. Which is correct? - Commercial Applications

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प्रश्न

All cash receipts and cash payments are straight way recorded in the Cash Book. Which is correct?

पर्याय

  • Cash Book is a special journal.

  • Cash Book is a special Ledger.

  • Cash Book is called Finance Book.

  • None of these.

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उत्तर

Cash Book is a special journal.

Explanation:

A Cash Book is a special journal used to record all cash receipts and cash payments directly.
It serves the dual purpose of both a journal (for recording transactions) and a ledger (since it functions as the Cash Account itself).

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पाठ 12: Accounting Records - EXERCISES [पृष्ठ १४९]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 12 Accounting Records
EXERCISES | Q I. 10. | पृष्ठ १४९
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