What is a three-column cash book?

Answer

A three column or treble cash book is used in recording a business's daily cash transactions. This accounting tool has three columns on the debit and credit side. One column is used to record cash transactions, one is for bank transactions and the third is for any discounts received and paid.
Q&A Related to "What is a three-column cash book?"
Please differentiate for me the following types of cash books. Three column cash book. Analytical petty cash book. the imprest system of betty cash. posting petty cash to the ledger
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Sundry (adjective) means miscellaneous, various. A sentence
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One column for Sales (Receipts) and one is for Expenses (Payments). That's the easiest form of bookkeeping :)
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It is a cashbook having cash,bank,and discount allowed on the debit side and discount recieved on the credit side Anonymous
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