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Identintify statements that best describe the purpose of a cashbook by clicking the right box
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(a) Assist in controlling cash flow.
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(b) Shows the financial position of a business.
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(c) Reduce entries inother ledger books especially those involving cash.
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(d) Provide information involving receipts and payments in cash and cheque.
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(e) Records purchases.
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(f) Shows the state of cash and balances at any given time.
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(g) Used to control sales of the business.
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(h) Records purchases of fixed assets.