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Answer Posted / bhavesh keswani
cash book is a subsidiary book.
IT IS PREPARED WHEN ONLY CASH & BANK TRANSECTIONS ARE
OCCURED. SOMETIMES ONE PARTY RECEIVES OR ALLOW THE DISCOUNT
ON THE TRANSECTIONS SO THAT PARTY WILL RECORD THAT ENTRY IN
CASH BOOK.
CASH BOOK IS NOTHING BUT MINIMISING THE JORNALS.
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