CASH BOOK | HOW TO DO A CASH BOOK | Accounting Tutorials
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CASH BOOK | HOW TO DO A CASH BOOK | Accounting Tutorials
In this video we will prepare a cash book, you will understand the basics of a cash book, how to prepare a cash book and how to balance a cash book.
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CASH BOOK is a financial journal that records all cash transactions, including both cash receipts (inflows) and cash payments (outflows). It serves as a subsidiary ledger to the general ledger and helps in maintaining an accurate record of cash movements in a business. Types of Cash Books 1. Single-Column Cash Book - Records only cash transactions (no bank transactions). - Columns: Date, Particulars, Receipts (Debit), Payments (Credit), Balance. 2. Double-Column Cash Book - Records both cash and
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CASH BOOK is a financial journal that records all cash transactions, including both cash receipts (inflows) and cash payments (outflows). It serves as a subsidiary ledger to the general ledger and helps in maintaining an accurate record of cash movements in a business. Types of Cash Books 1. Single-Column Cash Book - Records only cash transactions (no bank transactions). - Columns: Date, Particulars, Receipts (Debit), Payments (Credit), Balance. 2. Double-Column Cash Book - Records both cash and
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