Question

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.

Answer 1

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).