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Which of the following is the kind of a cash-book ?
- a)Simple column cash-book
- b)Double column cash-book
- c)Three column cash-book
- d)All of the above
Correct answer is option 'D'. Can you explain this answer?
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Which of the following is the kind of a cash-book ?a)Simple column cas...
Types of Cash-book
There are different types of cash-books that are used to record the cash transactions of a business. The different types are:
1. Simple column cash-book
2. Double column cash-book
3. Three column cash-book
Explanation:
- Simple column cash-book: This is the most basic type of cash-book. It has only one column to record cash receipts and payments. It is suitable for small businesses with minimal cash transactions.
- Double column cash-book: This type of cash-book has two columns - one for cash receipts and the other for cash payments. It is suitable for businesses with a moderate amount of cash transactions.
- Three column cash-book: This type of cash-book has three columns - one for cash receipts, one for cash payments, and one for discount allowed and received. It is suitable for businesses that give and receive discounts on cash transactions.
Therefore, the correct answer is option 'D' - All of the above as all three types of cash-books are kinds of cash-books.
There are different types of cash-books that are used to record the cash transactions of a business. The different types are:
1. Simple column cash-book
2. Double column cash-book
3. Three column cash-book
Explanation:
- Simple column cash-book: This is the most basic type of cash-book. It has only one column to record cash receipts and payments. It is suitable for small businesses with minimal cash transactions.
- Double column cash-book: This type of cash-book has two columns - one for cash receipts and the other for cash payments. It is suitable for businesses with a moderate amount of cash transactions.
- Three column cash-book: This type of cash-book has three columns - one for cash receipts, one for cash payments, and one for discount allowed and received. It is suitable for businesses that give and receive discounts on cash transactions.
Therefore, the correct answer is option 'D' - All of the above as all three types of cash-books are kinds of cash-books.
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Which of the following is the kind of a cash-book ?a)Simple column cas...
There are generally 4 types of cash books they are single or simple cash book ,double column cash book, triple column cash book and petty cash book and hence option d all the above is the correct answer
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Which of the following is the kind of a cash-book ?a)Simple column cash-bookb)Double column cash-bookc)Three column cash-bookd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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