Cash and Petty Cash Book
Meaning of Cash Book Cash book is one of the type of subsidiary book (Day Book) that records original entry of all cash receipts and payments including bank deposit and withdrawal. There are various types of subsidiary books listed as follows: Cash Book Purchase Book Sales Book Purchase Return Book Sales Return Book Bills Receivable Book Bills Payable Book Journal Proper A cash book has both debit and credit hence it acts as a ledger account. Cash book has different types and used based on organizational requirements. They are: Single Column Cash Book: Under this type, only debit cash and credit cash columns are available. Double Column Cash Book: Under this type, both debit (cash and bank) and credit (cash and bank ) columns are available. Triple Column Cash Book : Under this type, both debit (cash and bank as well as discount) and credit (cash and Bank as well as discount) columns are available. *Contra entry refers to the transactions involving both cash and bank and having net