Give an example of a triple column cash book

Banking & FinanceFinance ManagementGrowth & Empowerment

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Nov 18    Cash withdrawn from bank for personal use    $180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Nov 21    Cash withdrawn from bank for office use    $800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Nov 30    Cash withdrawn from bank for office use    $480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)

Date
Description
VN
PR
Discount
Cash
Bank
Date
Description
VN
PR
Discount
Cash
bank
Nov 1
Balances b/d






950
4500
Nov 3
J & Co


56
20


1500
Nov 5
D & Co


21
12
1150


Nov 7
Bank


C


1150


Nov 7
Cash


C




1150
Nov 10
Stationary


325


250


Nov 15
Sales (first half/0


420


2700


Nov 15
Purchases


432


1450


Nov 16
Cash


C




1100
Nov 16
Cash


C


1100


Nov 21
Bank


C


800


Nov 18
Withdrawn


450




180
Nov 24
H &Co


23
10


1600
Nov 19
J & Co


57
25


1800
Nov 30
Sales


420


5000


Nov 21
Cash


C




800
Nov 30
Bank


C


480


Nov 25
Ma Inc


63
9


480














Nov 27
Furniture


422


450
















Nov 29
Rent


438




600














Nov 30
Salaries


408




950














Nov 30
Cash


C




480














Nov 30
Balance c/d






6680
1560








22
11080
8350








54
11080
8350








(460)












(475)




Dec 1
Balance b/d






6680
1560















raja
Published on 09-Jul-2021 12:20:43
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