WAEC Accounting 2023 Objective — Question 33
Question 33 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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The two column cash book records
- A. receipts and payments in cash only.
- B. receipts and payments by cheque only.
- C. all receipts and payments both in cash and by cheque.Correct
- D. all receipts in cash only and payments by cheque.
Explanation
A two column cash book has separate columns for cash and bank, recording all receipts and payments in both cash and by cheque.
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