The account that shows both the cash and bank transactions of an enterprise is
Answer Details
The account that shows both the cash and bank transactions of an enterprise is called a cash book. A cash book is a financial ledger that records all the cash and bank transactions of a business in one place. It is used to keep track of money flowing in and out of the company, including all the receipts and payments made through cash and bank. A cash book is important because it provides a real-time snapshot of a company's financial position, which is crucial for making informed business decisions. In other words, a cash book is like a diary that keeps a record of all the cash and bank transactions of a company, making it easier to track and manage finances.