Q115
Cash book records
A.
Cash payments
B.
Cash Receipts
C.
Cash payments and cash receipts
AnswerD.
Neither cash payments nor cash receipts
Answer: Option C
Solution
Answer: Option C
Solution:
Cash book records Cash payments and cash receipts. A Cash Book is a type of subsidiary book where cash (or) bank receipts and cash (or) bank payments made during a period are recorded in a chronological order.