This is a cash book that takes care of both cash and bank. It is called double column cash book because it has cash and book column on both debit and credit side.
The cash column is used for recording cash and cheque received while the credit side is used for recording all payments made by cheque and cash received and paid into the bank.
The debit side is for receipt of cash and cheque and credit side for payment.
Double / Two Column Cash Book
Date    Particulars      F         Cash    Bank   Date    Particulars      F         Cash   Bank
Contra Entry: Is the recording of single entry in both debit and credit sides of the same cash book.
Example:
Mr. More Blessing started a business with #5000 cash and #7,000 bank on June 2014.
June 3             Purchase goods by cash                                 2,500
June 5             With draw cash from bank                            1000
June 6             Cash sales                                                      1800
June 10           Receive cash from Ngozi                                1200
June 15           Cash sales                                                       1000
June 20           Paid insurance by cash                                   500
June 25           Paid wages by cheque                                    1000
Dr                   Double Column Cash Book                                                    Cr
Date   Particulars      F         Cash    Bank   Date   Particulars      F         Cash    Bank
Assignment
Enter the following transactions into the cash book of which Oluwaseyi Nig. Ltd as at 1st of May, 2014.
May 1             Cash in hand                                      7,000
Cash in Bank                                       10,000
May 4             Cash sales                                           2,000
May 6             Bought goods for sale                        3,000
May 8             Received cheque from papa              1,500
May 12           Cash sales                                           2,000
May 15           Bought furniture by cheques             12,000
May 20           Paid rent by cheque                           800
May 25           Paid wages by cash                            700
May 27           Cash paid into bank                           1000
See also
CASH BOOK
PETTY CASH BOOK
LEDGER ENTRIEES
BOOK – KEEPING ETHICS
SHOPPING TIPS