Cash payments
Cash Receipts
Cash payments and cash receipts
Neither cash payments nor cash receipts
Answer is Wrong!
Answer is Right!
The correct answer is C. Cash book records cash payments and cash receipts.
A cash book is a financial accounting journal used to record all cash receipts and cash payments. It is a subsidiary ledger of the general ledger and is used to track the flow of cash in and out of a business.
Cash receipts are recorded in the cash book when money is received from customers, clients, or other sources. Cash payments are recorded in the cash book when money is paid out to suppliers, employees, or other expenses.
The cash book is a very
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