Question

What do you mean by Cash Book? Mention the types of Cash Book.
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Answer 1

Explanation:

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger.

Answer 2

Answer:

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger.

Explanation:

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.