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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

correct option: d
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