Question

difference between single column cash book and double column cash book

Answer 1

The main difference is the number of columns for the amount.

In case of single column cash book, there is only one column for amount and in the double cash book there are two columns.

Single cash book as only cash transactions while double cash book as cash as well as bank transactions both.

Answer 2

Answer:

A single column cash book is a cash book that is used to record only a business's cash transactions. On both the debit and credit sides, the double column cash book includes two money columns, one for cash transactions and the other for bank transactions.

Explanation:

Single column cash book:

• Each side of a single column cash book (basic cash book) has one amount column. On the debit side, all cash receipts are recorded, and on the credit side, all cash payments are recorded.

• Only cash receipts and payments are recorded in a single column cash book. On both the debit and credit sides of the cash book, there is only one money column. On the debit side, all cash receipts are entered, and on the credit side, all cash payments are entered.

• In a single column cash book, only the cash account is displayed, however in a multi-column cash book, both the cash and bank accounts

Double column cash book:

• 'Double Column Cash Book' refers to a cash book with two amount columns on both sides. Cash books with discount and cash columns, as well as cash books with cash and bank columns, are the most common double column cash books.

• A two-column cash book, sometimes known as a double-column cash book, has two amount columns on the debit side and the same column on the credit side. (1) Cash book with discount and cash columns; (2) Cash book with cash and bank columns are the two most common two-column cash books.

• The term "double column cash book" refers to a cash book with columns for both cash and bank balances.

• A two-column cash book is one that has a "Bank" column in addition to the usual columns.

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