Question

In triple column cash book, cash withdrawn from bank for office use will appear in ___________.

• A. Debit side of the cash book only
• B. Both sides of the cash book
• C. Credit side of the cash book only
• D. Credit side of the bank account

Answer 1

The correct option is B Both sides of the cash book

Cash withdrawn from bank for official use will give two effects in cash book. Cash book is carrying cash and bank both columns. Hence withdrawal of cash from bank reduces the bank balance and increases the cash balance.