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Triple Column Cash Book | Cash, Bank & Discount Column | Contra Entries | Accountancy XI |
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In this video I have explained the procedure of preparing Triple column cash book with Cash, Bank and Discount Column.
Question solved in the video:
April
1 Cash balance (Cr) Rs. 2,000; Bank balance Rs. 40,000.
4 Cash sales Rs. 3,700; Credit sales Rs. 1,800 would be received at near future.
6 Paid Ahmed & Bros. by cash Rs. 500; Received cash by debtors Rs. 1,800.
12 Paid to vendor by means of cheque worth Rs. 2,700.
13 Paid Utility bills in cash Rs. 250; Bought goods by cheque Rs. 750.
19 Drew from Bank for office use Rs. 160; Personal withdrawal of cash Rs. 1,000.
20 Received a cheque from Hamid Rs. 2,700 and deposited into the bank.
21 Received by cheque from Munir Rs. 1,360; Discount Rs. 140 (not deposited).
25 Cash sales Rs. 2,100; Paid wages by bank Rs. 1,500.
28 Deposited Munir’s cheque into bank.
29 Payment by cheque to Anees for Rs. 175; Discount received Rs. 25.
30 Munir’s cheque has been dishonored and return by bank.
Do like this video if you find it relevant and subscribe for more such content.
#The_Commerce_Epicenter #CashBook #Accountancy_XI #DoubleColumnCashBook #Books_of_Accounts #CA_Foundation #CashandDiscountColumn #TripleColumnCashBook #ContraEntries #ChequeDishonoured
Question solved in the video:
April
1 Cash balance (Cr) Rs. 2,000; Bank balance Rs. 40,000.
4 Cash sales Rs. 3,700; Credit sales Rs. 1,800 would be received at near future.
6 Paid Ahmed & Bros. by cash Rs. 500; Received cash by debtors Rs. 1,800.
12 Paid to vendor by means of cheque worth Rs. 2,700.
13 Paid Utility bills in cash Rs. 250; Bought goods by cheque Rs. 750.
19 Drew from Bank for office use Rs. 160; Personal withdrawal of cash Rs. 1,000.
20 Received a cheque from Hamid Rs. 2,700 and deposited into the bank.
21 Received by cheque from Munir Rs. 1,360; Discount Rs. 140 (not deposited).
25 Cash sales Rs. 2,100; Paid wages by bank Rs. 1,500.
28 Deposited Munir’s cheque into bank.
29 Payment by cheque to Anees for Rs. 175; Discount received Rs. 25.
30 Munir’s cheque has been dishonored and return by bank.
Do like this video if you find it relevant and subscribe for more such content.
#The_Commerce_Epicenter #CashBook #Accountancy_XI #DoubleColumnCashBook #Books_of_Accounts #CA_Foundation #CashandDiscountColumn #TripleColumnCashBook #ContraEntries #ChequeDishonoured
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