Accountancy, asked by sona1629, 1 month ago

kinds or types of cash book..​

Answers

Answered by nikitadangi2019
2

The cash book is used to record receipts and payments of cash. It works as a book of original entry as well as a ledger account. The entries related to receipt and payment of cash are first recorded in the cash book and then posted to the relevant ledger accounts. Moreover, a cash book is a substitute for cash account in the ledger. A company that properly maintains a cash book does not need to open a cash account in its ledger.

Types of cash book

There are four major types of cash book that companies usually maintain to account for their cash flows. These are given below:

A single column cash book to record only cash transactions.

A double/two column cash book to record cash as well as bank transactions.

A triple/three column cash book to record cash, bank and purchase discount and sales discount.

A petty cash book to record small day to day cash expenditures.


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Answered by abhiabhi1161
0

Answer:

cash book is used to record cash and resipts


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