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?"
Column one is used to record the sale of merchandise. column two is used to record the return of merchandise. column three is used to record the balance of cash in the cash book.
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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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