Accountancy, asked by bakitanakamora, 5 months ago

What about credut customer payment in a single column cash book

Answers

Answered by pds39937
10

Explanation:

The single column cash book (also known as simple cash book) is a cash book that is used to record only cash transactions of a business. ... The single column cash book has only one money column on both debit and credit sides titled as “amount” which is periodically totaled and balanced like a T-account.

Answered by akarsh05
0

It records only cash receipts and payments. This form of cash book has only one amount column on each of the debit and credit sides of the cash book. All the cash receipts are entered on the debit side and cash payments are entered on the credit side. A single column cash book is nothing but a cash account.

hope it helps you ❤️...

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