Cash Book I
BUSINESS STUDIES FOR JSS2 THIRD TERM
SUB -THEME: BOOK-KEEPING AND BUSINESS SUCCESS
WEEK 2
Cash Book I
Performance objectives:
Studentsshould be able to:
- Explain the meaning of cash book
- Identify items and columns of cashbook
- Prepare a cash book
Content
Meaning of Cash Book
Cashbook means the cash account. It is part of the ledger which is kept by a cashier
A cash account is an account in which all receipts and cash payments transaction is recorded. The cash book has two sides namely, the debit side which is on the left-hand side where all cash receipts are recorded, and the credit side is on the right-hand side where all cash payments are recorded..... View More
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