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Nov 18 Cash withdrawn from bank for personal use $180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Nov 21 Cash withdrawn from bank for office use $800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Nov 30 Cash withdrawn from bank for office use $480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

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