Double column cash book is tha in which there are columns for cash balance as well as for bank balance.
Cash book with bank column is double column 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.
what is atriple column cash book
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.
When double entry for both side of cash books appears that type of transaction is called contra entry as in double column cash book entry for receiving or paying cash in bank or from bank requires entry on debit as well as credit side of cash book.
Cash book with bank column is double column cash book.
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!!
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.
what is atriple column cash book
3 column cash book
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.
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.
When double entry for both side of cash books appears that type of transaction is called contra entry as in double column cash book entry for receiving or paying cash in bank or from bank requires entry on debit as well as credit side of cash book.
one is two columned while the other is three columned.
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.
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
what is tahabil balance column in bank cash book