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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