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Cash Book:

  1. Definition and Explanation of Cash Book:

    The book in which all cash transactions (either cash is received or paid) are primarily recorded according to dates, is called 'Cash Book'. Click here to continue reading.

  2. Simple or Single Column Cash Book:

    It is a cash book in which only and only cash transactions are recorded. By single column we mean "one amount column" on each side of the Cash Book. One amount column on the debit side in which inflow of cash (cash received) is recorded and one amount column on the credit side in which outflow of cash (cash paid) is recorded. It is generally maintained by such business concerns which do not have bank accounts. (small business concerns). Click here to continue reading.

  3. Two/Double Column Cash Book:

    At the beginning of this chapter, it has been discussed that Cash A/c and Bank A/c are two busiest accounts in ledger and they should be removed from the ledger to reduce its volume and size. We have also discussed, how Cash A/c is removed from the ledger and instead of it the Cash Book is kept to record cash transactions. Click here to continue reading.

  4. Treble/Three Column Cash Book:

    We know, when cash is received from the debtors, discount may be allowed to them. And when cash is paid to creditors, discount may be received from them. It means the cash and the discount are very much related to each other. Click here to continue reading.

  5. Petty Cash Book:

    It is another Cash Book which is maintained, generally, in large business concerns to reduce the burden of 'Main Cash Book', in which numerous transactions involving petty (small) amounts are recorded. Click here to continue reading.




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