Give an example of a triple column cash book

Refer the data given below −

Transactions

On Nov 5th check received is not deposited on same date

Nov 1       Cash in hand $950,    cash at bank $4500

Nov 3       Paid to J & Co by check $1500    discount received $20

Nov 5       Amount received from D & Co $1150    discount allowed $12

Nov 7       Deposited cheque from D & Co

Nov 10    Stationary purchased by cash    $250

Nov 15    Merchandise purchased by cash    $1450

Nov 15    Cash sales (first half)    $2700

Nov 16    Deposited into bank    $1100

Nov 18    Cash withdrawn from bank for personal use    $180

Nov 19    Cheque issued for J & Co $1800    discount received $25

Nov 21    Cash withdrawn from bank for office use    $800

Nov 24    Cheque received from H & Co   $1600    and    deposited immediately.

Nov 24    Discount received from H & Co    $10

Nov 25    Paid to Ma Inc. by check of    $480    received discount of    $9

Nov 27    Bought furniture by cash    $450

Nov 29    Paid rent by check    $600

Nov 30    Cash sales (second half)    $5000

Nov 30    Salaries paid    $950

Nov 30    Cash withdrawn from bank for office use    $480

460 – Discount allowed ledger number (expense account)

475 – Discount received Léger number (revenue account)

Nagasravan Tamma

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Updated on: 09-Jul-2021

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