The cash logbook is both journal and ledger. Besides, it is a subsidiary notebook. And all the cash transactions are put down in the logbook. Then, from the logbook, it is posted to the various accounts in the ledger. In simple words, the cashbook recording of transactions takes the shape of the ledger account. Besides, after each transaction of the day, these are updated in the logbook. Like, that as the chronological order of dates with an explanation like that of a journal.