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Rinku Meena

· started a discussion

· 1 Months ago

business h bhai paramount k liye yeah sb (Question: 337626.0 )

paramount hye hye

Question:

The two amount columns in double column cash book are:

Options:
A)

Cash and bank

B)

Cash and discount

C)

Bank and discount

D)

None of the above

Solution:

Ans: (b)

Knowledge Expert

· commented

· 1 Months ago

Dear student
Given answer is correct
The most common double column cash books are:
1. Cash book with discount and cash columns
2. Cash book with cash and bank columns
A two column cash book or double column cash book is one in which there are two columns on each side. One is used to record cash transactions, the second is used to record bank transactions or discount. When a trader keeps a bank account it becomes necessary to record the amounts deposited into bank and withdrawals from it.

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