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Cash Account :-
1. Is an account in the ledger.
2. Cash account is part of the ledger. Cash account is opened in the ledger in which posting is done from some book of original entry.
3. In cash account posting is not followed by narration.
4. It only records one aspect of transaction involving cash & bank.
Cash Book :-
1. Is a separate book of account forming a part of accounting system.
2. Cash book records entries directly from transaction & there is no need for a book of prime entry.
3. In cash book entries are followed by narration also.
4. It records both the aspect of this transaction in cash & bank columns to complete double entry posting.
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What is the difference between single column cash book and double column cash book?
In single column cash book only cash account is shown while in multi column cash book cash as well as bank account is also shown.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What is the difference between two columned cash book and three columned cash book?
one is two columned while the other is three columned.
What is the difference between a cash book and a petty cash book?
no ? plze answer say that this question
How is cash cash book a both book of prime entry and ledger account?
how is cash book both a book of prime entr and an account
What is the main difference between trade discount and cash discount?
The main difference between, cash discount is shows in account book but tradediscount does not show in account book.
What is the difference between single column cash book and double column cash book?
In single column cash book only cash account is shown while in multi column cash book cash as well as bank account is also shown.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What is the difference between two columned cash book and three columned cash book?
one is two columned while the other is three columned.
Difference between trade discount and cash account?
51225
Difference between cash book and ledger?
noob
What is the difference between a cash book and a petty cash book?
no ? plze answer say that this question
How is cash cash book a both book of prime entry and ledger account?
how is cash book both a book of prime entr and an account
Difference between current account and cash credit account?
i am a student and wanted to open my account should i open a current account or credit account
What is the reason for the difference between the cash book balance and pass book balance?
First of all you should know who has which book with them. first one the cash book is with the banker and the pass book is with the consumer that means the account holder of that bank. when bank deposits the interest earned by the customer and pays any bills of customer's then it will amke changes in the cash book. Now because the passbook is with the customer and he is not aware of the interest earned and payment of bill there occurs the difference
Discuss why there is a difference between cash book and bank statement balance in bank reconciliation?
What do we write in entry account heading in bank reconcilation statment " deposit not shown in bank "
What is is the difference between two-columned cash book and the three -columned cash book?
In two column cash book we have only two columns of discount and cash but in three column cash book we have three column of discount,cash and bank. when we are making three column cash book we don't need to make bank account but in the situation of 2column cash book we have to make bank account seprately.
