Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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When a firm maintains a simple cash book, it need not maintain ______. - Accountancy

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MCQ

When a firm maintains a simple cash book, it need not maintain ______.

Options

  • Sales account in the ledger

  • Purchases account in the ledger

  • Capital account in the ledger

  • Cash account in the ledger

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Solution

When a firm maintains a simple cash book, it need not maintain cash account in the ledger.

Concept: Cash Book – A Subsidiary Book and Principal Book of Accounts
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 11th Accountancy Answers Guide
Chapter 7 Subsidiary Books - 2
Multiple choice questions | Q I 3. | Page 145
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