How many reasons can you think of why it is useful to have the bank and cash accounts in a separate ledger?
All accounting records should be kept in a safe and secure place, but this is especially true of the cash and bank accounts. Why do you think that is so?
Discuss, in a group, the rules that you think should be laid down to ensure the proper security of both the cash and bank balances and the cash and bank records.
KeywordsCash Flow Analysis Column Bank Account Cash Balance Youth Club
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