A cash book is a subsidiary book that is prepared to keep a record of cash transactions.
In our previous course on Subsidiary books, we have studied some of the subsidiary books. In this course, we shall study cash book. A cash book is an important type of subsidiary book.
Generally in business, two types of transactions are seen: Cash transactions and Credit Transactions
Cash book is a type of subsidiary book in which cash transactions are recorded.
This book serves the purpose of a journal entry as well as a cash account. It is prepared in the form of a ledger account. The debit side of a cash book is known as Income or Receipt side and Credit side is known as Payment side.
In this course:
+ Meaning and Importance of Cash Book
+ Types of Cash Book
+ Electronic Banking Transactions
+ Bank Book
+ Petty Cash Book