What is the purpose of balancing a cash book - SS1 Accounting The Three-Column Cash Book With Discounts Well Explained Question
What is the purpose of balancing a cash book?
A
To ensure that the total of the cash received column equals the total of the cash payments column
B
To determine the net balance of cash in hand or bank balance
C
To verify the accuracy of the entries
D
All of the above
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Correct Option: D
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