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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

When a firm maintains a simple cash book, it need not maintain ______. - Accountancy

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Question

When a firm maintains a simple cash book, it need not maintain ______.

Options

  • Sales account in the ledger

  • Purchases account in the ledger

  • Capital account in the ledger

  • Cash account in the ledger

MCQ

Solution

When a firm maintains a simple cash book, it need not maintain cash account in the ledger.

shaalaa.com
Cash Book – A Subsidiary Book and Principal Book of Accounts
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Chapter 7: Subsidiary Books - 2 - Multiple choice questions [Page 145]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 7 Subsidiary Books - 2
Multiple choice questions | Q I 3. | Page 145
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