WAEC Accounting 2014 Theory — Question 1

Question 1 of 13 from the West African Examinations Council (WAEC) Accounting 2014 Theory paper, with the correct answer and a full explanation.

PAPER 2 (SECTION A) 1(a). What is a Cash Book?

Model answer

A Cash Book can be defined as a book of original entry (subsidiary book) which is used to record all cash transactions carried out by a business.

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