Question

When a firm maintains two column cash book it does not maintains

Answer 1

Explanation:

• When a firms maintain a cash book they need not to maintain bank and cash account ledger separately as all the transactions are already recorded in the cash book. Rest other books are to be created. It has two columns on both the debit as well as credit sides having one column of cash and one of bank.

follow me ✌️

Answer 2

Answer:

Single column cash book

Explanation:

Single column cash book omits the bank column. This is the difference between the subsidiary books.

Hope the answer helps :).