name on type of cash book acconting
Answers
Answer:
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Explanation:
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Answer:
Cash Book is an receipts and payments account. Cash Account is a real account. During accounting, cash books are prepared by using different proforma.
Explanation:
Types of Cash Book accounting:
1) Simple cash Book : Receipts are recorded on debit side and payments are credited using a T shaped ledger a/c proforma.
2) Two Column Cash Book: Receipts are recorded on debit side and payments are credited using a T shaped ledger a/c proforma with two columns on both sides , one with cash Account and another with bank account columns.
3) Three Column Cash Book: Receipts are recorded on debit side and payments are credited using a T shaped ledger a/c proforma with two columns on both sides one with bank and with two different bank account columns.
4) Petty Cash Book : petty Cash book is maintained by a petty cashier. It is also called as imprest system of cash accounting. All petty expenses are charged off against some advance/ imprest amount and the balance is reposted to main cash book.