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Triple column cash book ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

The Cash Book of Exception Ltd. furnishes the following balances on 25th, October 2015. Cash in hand 4,200 ; Cash at Bank 7,650; Discount Allowed total 420 and Discount Received total Rs. 950. The following transactions occurred during last week of October 2015 : April 26 : General expenses Rs. 920 paid in cash 26 : Cash Sales Rs. 9,200 27 : A cheque Rs. 3,040 received from a debtor, K. Ball in full settlement of Rs. 3,200. 27 : A cheque sent to supplier, Baker Ltd. in settlement of dues Rs. 14,000 less 5 % Discount. 28 : Bank notified that a cheque Rs. 2,210 received from Mc Dermot returned dishonoured. 30 : An old delivery van was sold for Rs. 71,000 and a cheque received. 30 : A cheque sent to a supplier, Ford Ltd. in immediate payment of an invoice, list price Rs. 8,000, less 25 % Trade discount and 5 % Cash discount. Prepare a Triple Column Cash Book in the books of Exception Ltd.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

hello, here is your answer **`EXCEPTION LIMITED`** **`TRIPLE COLUMN CASH BOOK`** ......................................................................................................................................... Dr............................................................................................... Cr. 2015..................................................................................2015.................................................................................................... Date........particulars..............LF...discount.......Cash.............bank..........Date..........particulars................LF.. discount....Cash.....bank 25.10......To Balance b/d............420...............4200.............7650..........25.10.........To Balance b/d...............950..................0............0 26.10.......To sales.........................0....................9200.............0................26.10..........By General Expenses....0 ..................920.........0 27.10.......To K. Bali......................160................0...................3040.......... 27.10.........By Baker Limited............. 700...............0.........13300 30.10.......To Vehicle (Van)..........0....................0................. 71000........ 28.10..........By Mc Dermot..................0....................0...........2210 ........................................................................................................................ 30.10..........By Ford Ltd..................... 300................0..........5700 31.10........ To Balance c/d......... 1370................................................... 31.10............By balance c/d...................................12480.... 60480 ................................................1950............13400.........81690...........................................................................1950..........13400....81690 Note:Trade Discount not comes in cash book.

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megha commented almost 3 years ago

insert table is not possible here. thus, spacing by .........,. Hope you understand. Otherwise, message me your mail id, i'll give this answer in excel by mail

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