What Is double column cash book?attach an example ​

Answers 2

Answer:

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.

eg- For example, when cash is deposited into bank, it is entered in the debit side of the Cash Book by writing “To Cash” and entering the amount in the bank column. The other entry is on the credit side by writing “By Bank” and entering the amount in the Cash column.

Explanation:

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.

..

If you know the answer add it here!

Can't find the answer?

Log in with Google

or

Forgot your password?

I don't have an account, and I want to Register

Choose a language and a region
How much to ban the user?
1 hour 1 day 100 years