Is cash book a part of the double entry system?

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2026-04-10 03:41

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Yes, a cash book is part of the double entry system of accounting. It records all cash transactions, including cash receipts and cash payments, and serves as both a journal and a ledger. Each entry in the cash book affects two accounts: one account is debited, and another is credited, maintaining the fundamental principle of double entry accounting. Thus, while it primarily tracks cash flows, it also adheres to the double entry framework.

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