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Double-entry bookkeeping
3.4 Cash book
The term ‘cash book’ refers to any book that records monies received and paid that
pass through the bank account.
Many business entities have two distinct cash books – a cash payments book and a
cash receipts book.
The following is an example of a cash payments book from a small business.
Date Detail Bank Wages Payables Rent
$ $ $ $
04/01/20X6 Mr A 1,400 1,400
04/01/20X6 Office 3,000 3,000
04/01/20X6 Mr B 210 210
04/01/20X6 J Smith 750 750
5,360 750 1,610 3,000
The following is an example of a cash receipts book from a small business.
Date Detail Bank Cash Receivables Interest
$ sales $ $
$
04/01/20X6 Mr X 1,800 1,800
04/01/20X6 Cash sales 2,500 2,500
04/01/20X6 Mr Y 1,240 1,240
04/01/20X6 Interest received 50 50
5,590 2,500 3,040 50
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