WAEC Financial Accounting 2006 Question 43

Question 43

Cash Book

Which of the following is a Journal as well as an account?

  1. A.Sales day book
  2. B.Cash book
  3. C.General journal
  4. D.Purchases journal
Show the answer and explanation

Answer: B (Cash book)

Explanation

The cash book is both a book of original entry (journal) and the cash and bank accounts.