After reading this article you will learn about the format of preparing cash book. A day book-cum-ledger kept for making entry of the cash transactions as well as posting to the cash and bank accounts is called Cash Book. It is a unique book of account that combines journal and ledger. Cash Book is a journal for making primary entry [...]
Here we detail about the three types of cash book, i.e., (1) Simple Cash Book, (2) Two Column Cash Book, and (3) Petty Cash Book. Simple Cash Book: Simple cash book contains only one amount column on each side (debit and credit) for recording cash receipts and cash payments. A format of simple cash book is given below: For recording [...]
Let us make in-depth study of the meaning and features of cash book of original entry. Meaning: Cash book is a primary book of original entry and includes all cash transactions of the enterprise in a chronological order. Cash book is a book of original entry in which transactions involving cash are to be recorded as and when they occur. [...]