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  2. Cash Book - Definition, Features, Types and Advantages. Cash is an essential medium of conducting transactions taking place in a business and needs to be recorded for maintaining proper bookkeeping of the transactions. Cash is a current asset, and examples of cash transactions can be bank overdraft, money orders, demand deposits.

  3. Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-forprofit.

  4. Jan 3, 2024 · Cash Book is the one in which all the cash receipts and cash payments, including the funds deposited in the bank and funds withdrawn from the bank, are recorded according to the date of the transaction. All the transactions recorded in the cash book have two sides, i.e., debit and credit.

  5. Cash Book is a Book in which all cash receipts and cash payments are recorded. It is also one of the books of original entry. It starts with the cash or bank balance at the beginning of the period. In case of new business, there is no cash balance to start with. It is prepared by all organisations.

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  6. Jun 20, 2024 · A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals.

  7. Cash Book contains cash transactions passing into and out of business. 2 types of Cash Book are (1) general cash book and (2) petty cash book. The general cash book is subdivided into the single column, double column, and treble column cash book.

  8. May 1, 2024 · The cash book is a complete record of all the receipts and payments, which are made either in cash or through the bank. It has two sides. The debit side shows cash receipts and the credit side shows cash payments. All the cash and cheques received and deposited are shown on the cash receipt side.