cash book

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A book or record in which bank cash transactions are recorded. These include receipts (from customers) and payments (to suppliers) as well as bank charges, interest received, etc. A cash book is a type of day book, recording transactions in date order; the balance will be included in the trial balance. The cash book is regularly reconciled with the bank statement as an internal control check. Cash transactions not made through the bank are generally recorded in a petty-cash book.

Subjects: Accounting.

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