Friday, August 31, 2018

TYPES OF CASH BOOK

The form of cash book mainly depends on the need, size and network of the business. There are different types of cash books maintained by business organizations. They are.
1. Simple cashbook or single column cashbook or one column cash book.
2.Double column cashbook or two column cashbook.
A. With cash and discount columns.
B. With bank and discount columns
3. Three column cashbook or triple column cashbook.
4. Analytical petty cashbook.

No comments:

Post a Comment

The Importance of Accounting in Our Daily Life

Accounting is one of the most essential disciplines for daily life. Not so long ago, people used physical checkbooks to track their spending...