What is a cashbook?

Answer by  patti (29325)

Cashbooks are accounting records or ledgers used to keep track of the basic accounting of a business, including the receivables (cash in) and payments (cash out). Previously, cashbooks were literally hardcover journals/ledgers. Today cashbooks come in the form of money management software programs that track money coming into the business as well as bills that are being paid.

Answer by  douglus (190)

This is an accounting book which is used to keep receipt and payment information. It is mostly found in hard copy form.This provides a easy way of keeping information a bout buying in and selling out.