99. Which of the following subsidiary books serves the purpose of ledger too, in addition to the recording of accounting transaction?

Purchases book
Sales book
Bills receivable book
Cash Book
✅ The correct answer is D.
Cash Book serves the purpose of ledger too, in addition to the recording of accounting transaction. A cash book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger.

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