1.

Does credit transactions like credit purchases and credit sales are recorded in cash book?​

Answer»

nsactions in the CASH book have two sides: debit and credit. All cash receipts are RECORDED on the left-hand side as a debit, and all cash payments are recorded by date on the right-hand side as a credit. ... The triple column cash book shows all of the above PLUS information about PURCHASE or sales discounts.mark ❤️



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