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Question #72954

Which of the following statements is/are true ?

Options:

A) A sale of an asset is recorded in the Sales Book

B) Total of Return Outward Book is debited to Return Outward Account

C) The balance of Petty Cash Book is a liability

D) Cash Book is a subsidiary book as well as a ledger

Answer: Which of the following statements is/are true Cash Book is a subsidiary book as well as a ledger.

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