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All financial transaction of the school occurring from day to day is entered in

A. Cash Book
B. Stock Register
C. Service Book
D. Log Book
Correct Answer: A. Cash Book

All daily financial transactions of a school are recorded in the Cash Book. It is the primary record used to maintain receipts and payments on a day-to-day basis. It helps in tracking income and expenditure systematically.


๐Ÿ’ก Key Idea

Cash Book is the main accounting register for recording all monetary transactions in chronological order, making it essential for financial management in schools and organizations.

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