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2.12 CASH BOOK, LEDGER AND TRIAL BALANCE Prepare a cash account to monitor income received and payments made by an organization, evaluate its financial position and recommend a course of action; post

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What is cash book ledger and?

Cash book ledger is a record of all cash transactions made by a business, including income, expenses, and balances.

Who is required to file cash book ledger and?

Businesses of all sizes are required to maintain and file a cash book ledger to keep track of their financial transactions.

How to fill out cash book ledger and?

To fill out a cash book ledger, one must record all cash receipts and payments accurately, ensuring that all transactions are properly categorized.

What is the purpose of cash book ledger and?

The purpose of a cash book ledger is to provide a detailed account of a business's cash flow, helping to monitor financial performance and track liquidity.

What information must be reported on cash book ledger and?

Information such as date, description of transaction, amount received or paid, and balance should be reported on a cash book ledger.

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