Answer in Brief
What are the different types of cash book?
The main cash book may be of various types and the following are the three most common types.
- Simple or single column cash book (only cash column)
- Cashbook with cash and discount column (double column cash book)
- Cashbook with cash, discount, and bank columns (three-column cash book).
- Apart from the main cash book, the petty cash book may also be prepared to enter the petty expenses, i.e., expenses involving a small amount.
Concept: Types of Cash Book
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