Vidyalelo
Commerce · Q81

Accounting

Graduate and Post Graduate · Commerce · question 81

Q81

Which of the following is a type of cash receipt journal + cash payment journal?

A.
Bank statement
B.
Statement of cash flow
C.
Cash book
Answer
D.
Cash documents

Answer: Option C

Solution

Answer: Option C
Solution:
Cash book is a type of cash receipt journal + cash payment journal. A cash book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals.