What is double column cash book and petty cash book
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The double column cash book (also known as two column cash book) has two money columns on both debit and credit sides – one to record cash transactions and one to record bank transactions
The petty cash book is a recordation of petty cash expenditures, sorted by date. In most cases, the petty cash book is an actual ledger book, rather than a computer record. This format is an excellent way to monitor the current amount of petty cash remaining on hand.
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