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one is two columned while the other is three columned.
Cash book with bank column is double column cash book.
what is atriple column cash book
Column one is used to record the sale of merchandise column two is used to record the return of merchandise column three is used to record the balance of cash in the cash book
In single column cash book only cash account is shown while in multi column cash book cash as well as bank account is also shown.
one is two columned while the other is three columned.
Cash book with bank column is double column cash book.
what is atriple column cash book
Column one is used to record the sale of merchandise column two is used to record the return of merchandise column three is used to record the balance of cash in the cash book
In single column cash book only cash account is shown while in multi column cash book cash as well as bank account is also shown.
types of cashbook: single column cash book double column cash book triple column cash book one more type is petty cash book.. hope the answer satisfies you!!
3 column cash book
In two column cash book we have only two columns of discount and cash but in three column cash book we have three column of discount,cash and bank. when we are making three column cash book we don't need to make bank account but in the situation of 2column cash book we have to make bank account seprately.
three column cash book is a book where company maintain the records of cash and bank transactions. it contain of 3 column cash, bank and discount. it helps to understand easily about the payment and receipt of cash.
Double column cash book is tha in which there are columns for cash balance as well as for bank balance.
Cash deposited will be shown in cash column while bank account will be debited to bank account and balance in bank column of cash book while as this is contra entry "C" will be shown in third column for both cash and bank.
It contains two columns the debit side and the credit side.