Topic Content:
- Single Column Cash Book
- Two Column Cash Book
- Three Column Cash Book
There are 3 types of cash book namely:
i. Single column cash book
ii. Two column cash book
iii. Three column cash book
Single Column Cash Book:
In the ledger, details of cash transactions are sometimes recorded separately. That is, details of money recorded and paid out in cash are recorded in the cash account. This cashbook is usually kept by petty traders because it does not record bank transactions. There is a single column on the left (debit) side for cash coming in (receipts) and another single column on the credit side for cash payments.
You are viewing an excerpt of this Topic. Subscribe Now to get Full Access to ALL this Subject's Topics and Quizzes for this Term!
Click on the button "Subscribe Now" below for Full Access!
Subscribe Now
Note: If you have Already Subscribed and you are seeing this message, it means you are logged out. Please Log In using the Login Button Below to Carry on Studying!
Responses