All financial transactions of the school occurring from day to day are entered in:
All financial transactions of the school occurring from day to day are entered in: Options: (a) Cash Book (b) Stock Register (c) Log Book (d) Service Book ✅ Correct Option: (a) Cash Book Explanation: The Cash Book is the primary financial record in which all day-to-day financial transactions of a school are recorded. This includes receipts, payments, grants received, and expenditures made on a daily basis. The cash book ensures transparency, accountability, and proper financial control. Every transaction is entered with date, details, voucher number, and amount. It is regularly checked and verified by the head of the institution or drawing and disbursing officer (DDO). The cash book helps in auditing and prevents misuse of public funds. Other registers serve different purposes: the stock register records assets, the log book records vehicle usage, and the service book records employee service details. Therefore, daily financial transactions are recorded only in the cash book. Related 10 PPSC Facts: 1. Cash book records daily transactions. 2. Maintains receipts and payments. 3. Ensures financial transparency. 4. Auditors verify cash book. 5. Cash book is mandatory. 6. Updated daily. 7. Prevents financial irregularities. 8. Head of institution verifies it. 9. Stock register tracks assets. 10. Service book tracks service history.