12. The basis format of Ledger would not include (2 Points) date column Brief explanation debit column Journal Folio

12. The basis format of Ledger would not include (2 Points) date col

1.	12. The basis format of Ledger would not include (2 Points) date column Brief explanation debit column Journal Folio
Answer» A cash BOOK is a subsidiary of the general ledger in which all cash transactions during a period are recorded.The cash book is recorded in chronological order, and the balance is UPDATED and verified on a CONTINUOUS basis.Larger organizations usually divide the cash book into TWO parts: the cash disbursement journal and the cash receipts journal.A cash book differs from a cash account in that it is a separate ledger in which cash transactions are recorded, whereas a cash account is an account within a general ledger.There are three common types of cash books: single COLUMN, double column, and triple column.

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12. The basis format of Ledger would not include (2 Points) date column Brief explanation debit column Journal Folio

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