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Question on: SS1 Accounting - Double Column Cash Book With Emphasis On Contra-Entry

What is the difference between a double-column cash book and a single-column cash book?

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A

A double-column cash book records both cash and bank transactions, while a single-column cash book records only cash transactions

B

A double-column cash book records only cash transactions, while a single-column cash book records both cash and bank transactions

C

There is no difference between a double-column cash book and a single-column cash book

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Correct Option: A

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