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Introduction to Booking Keeping and Accounting | Week 111 Topics1 Quiz
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Introduction to Books of Account | Week 26 Topics1 Quiz
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Subsidiary Books of Account I | Week 34 Topics1 Quiz
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Subsidiary Books of Account II | Week 44 Topics1 Quiz
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Principles of Double Entry Book Keeping | Week 51 Topic1 Quiz
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Cash Book | Week 66 Topics1 Quiz
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Petty Cash Book | Week 71 Topic1 Quiz
Topic Content:
- Meaning of Double Column/Two Column Cash Book
- Contra Entries
- Treatment of Contra Entries
- Treatment of Drawings
The two-column cash book is a combination of both cash account and bank account in one book. It shows the total particulars of all the money received and paid by the firm either by Cash or Cheque.
There will be separate columns for date, particulars, folio cash and bank on both sides of the account.
Contra Entries:
Contra Entries show that cash has been withdrawn from the office and deposited in the bank, or withdrawal of cash from the bank, for office use.
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