Question

double column cash book having cash and discount columns???

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Answer 1

Answer:

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The double column cash book is prepared on the lines of simple cash book. It has only one additional column, i.e., discount column on each side. ... In the discount columns, cash discount, i.e., cash discount allowed and cash discount received are recorded.

Answer 2

Answer:

As there are two columns, i.e., discount and cash columns, both on debit and credit sides, this cash book is known as 'double column cash book'. The double column cash book is prepared on the lines of simple cash book. It has only one additional column, i.e., discount column on each side.