Cash Book

Performance Objectives

At the end of this lesson, the students should be able to know:

• Meaning of Cash Book
• Uses of Cash Book
• Nature of Cash Book
• Types of Cash Book
• Format of Single Column Cash Book
• Preparation of Single Column Cash Book
• Double Column Cash Book
• Meaning of Contra Entries
• Treatment of Contra Entries
• Preparation of Double Column Cash Book
• Meaning of Three Column Cash Book
• Meaning of Discount
• Reasons for Granting Discount
• Meaning and Features of the types of Discount
• Differences between Trade Discount and Cash Discount
• Preparation of Three Column Cash Book