(A) A sale of an asset is recorded in the Sales Book (X)
(B) Total of Return Outward Book is debited to Return Outward Account (X)
(C) The balance of Petty Cash Book is a liability (X)
(D) Cash Book is a subsidiary book as well as a ledger (
)
Answers: Which of the following statements is/are true Cash Book is a subsidiary book as well as a ledger.
