A cash book consists of two sections. The cash receipts and payments. Which of the following is found in cash receipts of the cash book?(1)

A.
Sales

B.
Bank charges

C.
Purchases

D.
Wages

1 answer

The correct answer is:

A. Sales

Sales represent cash received by the business, which would be recorded in the cash receipts section of the cash book. Bank charges, purchases, and wages are normally found in the cash payments section.