Question

Prepare a triple column cash book of Rahim from the following transactions:

2017 Feb.
1	Cash in hand	25,000
	Cash at bank	10,000
5	Water purifier purchased for office use by cheque	8,000
6	Purchased goods for cash	9,000
8	Received cash from Daniel	9,900
	Discount allowed to him	100
10	Cheque received for goods sold and deposited in the bank	40,000
12	Paid to Amala by cheque	14,500
	Discount received from her	500
13	Paid transport charges by cash	5,000
14	Withdrawn cash from bank for office use	20,000
24	Cheque received from Kumar and deposited into the bank	15,000
28	Kumar’s cheque dishonoured

Answer 1

In the books of Rahim
Three – column cash book

Dr.											Cr.
Date	Receipts	L.F.	Amount ₹			Date	Payments	L.F.	Amount ₹
			Discount Allowed	Cash	Bank				Discount Received	Cash	Bank
2017 Feb.						2017 Jan.
1	To Balance b/d			25,000	10,000	5	By Water purifier A/c				8,000
8	To Daniel A/c		100	9,900		6	By Purchase A/c			9,000
10	To Sales A/c				40,000	12	By Amala A/c		500		14,500
14	To Bank A/c	C		20,000		13	By transport charges A/c			5,000
24	To Kumar A/c				15,000	14	By Cash A/c	C			20,000
						28	By Kumar A/c				15,000
						28	By Balance c/d			40,900	7,500
			100	54,900	65,000				500	54,900	65,000
2018 Mar. 1	To Balance b/d			40,900	7,500