Accounting ProcessQuestion 4669 of 84
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Cash book is a subsidiary book as well as a principal book. [July 2021, 2 Marks]

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Detailed Solution & Explanation

True: Cash book is treated as subsidiary book as well as a principal book of accounting.

About This Chapter: Accounting Process

Paper

Paper 1: Accounting

Weightage

25-30%

Key Topics

Journal, Ledger, Trial Balance, Cash Book, Rectification

This chapter covers Journal, Ledger, Trial Balance, Cash Book, Rectification and is part of Paper 1: Accounting in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 25-30% weightage. Focus on understanding core concepts rather than memorizing.

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