A Company provided the following information at year-end comprising the cash account:   Cash in bank – demand deposit account 5,000,000 Money order 50,000 Cash on hand 400,000 Manager check 100,000 Postage stamps unused 5,000 Traveler check 1,000,000 Certificate of time deposit with 3-mo. Maturity 1,500,000 Post-dated customer check 500,000   What total amount should be reported as “cash” at year-end?

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Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.