One more column for amount is provided on the debit side and one on credit side of single column cash book. In this video, you will learn how to treat a contra entry in the. Interpret transactions and details in the cash book 12 g 1. Full text of the daily colonist 1910 1022 see other formats. Rather than keeping cash acoount and bank account apart from each other, double column cash book enables us to keep these two accounts side by side. The three column cash book uses three columns on each side of the book. Oct 04, 2019 double column cash book or two column cash book consists of two columns of amount on each side to record cash and bank transactions. Free book your future in should try udga get a 25c box of, thompson to sing i saw my besides the pilot the craft. The cash book having two amount columns on both sides is called double column cash book. Learn how to play double note lead licks learn to identify location of double note possibilities practice playing double note licks in the beginner guitar lessons course we talked a lot about single note picking in terms of playing lead guitar. Both of them are doubled so i should draw 4 cards, right. In the case of double column cash book, cash column records all the transactions relating to cash so, it works as the cash accounts and the bank column records all the transactions relating to bank such as checks received, checks issued, etc so, it works as the bank accounts.
Here is the video about double column cash book with solution. A two column cash book is one in which there are two columns on each side. I have also explained the contra entry and its effects in two column cash book through a practical problem for better understanding of the. A double column cash book records two types of transactions under two separate columns. One is used to record cash transactions, the second is used to record bank transactions or discount. These two amount columns on debit side and credit side will serve as bank ac and so it will not be necessary to open a bank ac in the ledger. Double column cash book or two column cash book consists of two columns of amount on each side to record cash and bank transactions. The two column cash ledger book is sometimes referred to as the double column cash book or the 2 column cash book. To support our effors you can donate a small amount by following this link. In many concerns it is customary for the trader to allow or to receive small allowance off or against the dues. 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. Tablets from your druggist first i s ti erspontiac. Features of the cash book as both a ledger account and book of original entry 5.
In this lecture i have been discussing need, concept and procedure to prepare a two column cash book which is also known as two column cash book or cash book with bank column. Double column cash book explanation, format, example. In other words, we can say that if we add a bank column to both sides of a single column cash book, it would become a double column cash book. In this video, you will learn how to treat a contra entry in the cash book. May 20, 20 to encourage you to buy adams account book, 7 x 9.
Double column cash book or two column cash book shows two amount column in debit side and same column in credit site. 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. Explain the advantages of keeping cash in the bank 3. Double column cash book bank column cash book with. In this lesson we will show you another lead playing. Double column cash book sum no 23 bank column cash book accountancy videos mathur sir classes doublecolumncashbook. This cash book has the cash, the discount and additionally the bank columns in it. Chapter 1 bk book 2 introduction to cash book ac100 studocu. A double column cash book or two column cash book is one which consists of two separate columns on the debit side as well as credit side for recording cash and discount.
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