Question

state the importance of triple column cash book​

Answer 1

Answer:

A triple column cash book is usually maintained by large firms which make and receive payments in cash as well as by bank and which frequently receive and allow cash discounts. The procedure of recording transactions in a triple/three column cash book is similar to that of a double column cash book.

Explanation:

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Answer 2

Answer:

A triple column cash book is usually maintained by large firms which make and receive payments in cash as well as by bank and which frequently receive and allow cash discounts. The procedure of recording transactions in a triple/three column cash book is similar to that of a double column cash book.