Search results
Chapter 7 – Special Purpose Books 1 Cash Book defines the below-mentioned concepts: Prepare Cash Book; Single Column Cash Book; Double Column Cash Book; Two- Column Cash Book; Analytical Petty Cash Book; Also Check: Class 11 Accountancy Syllabus
Double column cash book or two column cash book shows two amount column in debit side and same column in credit site. The most common two column cash book are: 1. Cash book with discount and cash columns. 2. Cash book with cash and bank columns. A two column cash book is one in which there are two columns on each side.
(iii) Three—Column Cash Book (Cash Book with cash, bank and discount columns): In this cash book there are three columns of amount of both the sides. The first for discount, the second for cash and the third for bank transactions.
Mar 15, 2023 · A double column cash book, also known as a two column cash book, consists of two columns on each side to record cash and bank transactions. Rather than separating cash and bank accounts, a double column cash book enables accountants to maintain the two accounts side by side.
Jul 10, 2017 · Double Column Cash Book: The two-column cash book is also referred to as the double-column cash book. It contains two money columns on both sides (i.e. debit and credit); one side is for recording cash transactions, while the other is for recording bank transactions.
Mar 29, 2018 · The double column cash book (also known as two column cash book) has two money columns on both debit and credit sides – one to record cash transactions and one to record bank transactions. In other words, we can say that if we add a bank column to both sides of a single column cash book, it would become a double column cash book. The cash ...
Solution.
I have also explained the basics and critical things of Double Column Cash Book. ...more. Here I have shown how to prepare the Double Column Cash Book.
Sep 28, 2019 · Short Answer Type Questions. Q1. Briefly state how the cash book is both journal and a ledger? Answer : Transactions are recorded directly from source documents in the Cash Book, so there is no need to record transactions in the Journal book.
May 19, 2022 · Definition. In the double column cash book, an additional column of discounts on both sides is added with the cash column. This type of cash book is known as a cash book with a discount and cash column.
