MODEL PROBLEMS ON THREE COLUMN CASH BOOKS PROBLELM From the following particulars in the books of Dinesh Singh

prepare three column cash book. 1992 November 1 1 2 4 4 5 17 19 21 Cash in Hand Cash in Bank Cash received from baba Prasad Discount given Salaries paid for October Cash Sales to Ranga rao Paid to veerabhadhram through cheque Discount Received Cheque received from raghu ram(sent To bank) Discount given withdrawn form bank for personal use Deposited in the bank Rs 750 9,700 1,872 28 1,500 4,700 475 25 391 9 2,300 862

Date

Particulars

L. Disc Cash F 28 750 1,872 4,700 9 C

Bank

Date

Particulars

L Disc F

Cash 1,500

Bank

1992 Nov 1 To Balance b/d 2 To Baba Prasad (Cash received, Discount ) 4 To Sales (Cash Sales) 17 To Raghu Ram ( Cheque receiv ed, Disc) 21 To Cash ( Cash deoposit ed in bank)

9,700

391 862

1992 Nov 4 By salaries (Salaries Paid) 5 By Verabhadram A/c 25 ( cheque issued, Discount received) 19 By Drawings A/c (Amount withdrawn From bank for perso nal use) 21 By Bank A/c C ( Cash deposited in Bank) 30 By balance c/d 25

475 2,300

862 4,960 7,322 8,178 10,953

Total Dec 1 To balance b/d

37

7,322 4,960

10,953 8,178

Note: 1. in cash book preparation considers only the cash transactions 2. in question every time not mentioned as used for office purpose based on situation we have to analyse. Problem: Make out three column cash book of Sri kishore Karwankar from the following Particulars 1997 Rs 2

January 1 1 2 4 10 12 14 16 20 22 27 30 31 31

Cash in Hand 1,000 Cash in Bank 20,000 Purchased goods for Cash 600 Sold goods for Cash 2,000 Received cash from Birajdar ( Discount allowed Rs 25) 875 Issued Cheque to Mohan Rao (Discount Received Rs 20) 480 Cash Deposited in bank 1,000 Received cheque from prabakar (in full settlement 950 Of a debt of Rs. 1000) Bank collects interest on Securities 500 Received cheque from Kulkarni, deposited in bank 1,000 Bank returns cheque of Kulkarni as dishonoured Bank charges as per Pass Book 50 Amount withdrawn from bank for office use 500 Amount withdrawn for Personal use 1,000

SOLUTION: CASH BOOK (with disc, cash and bank column)

Date 1992 1993 1994 1995

Date 1997 Jan 1 4

Particulars To balance b/d To sales A/c (goods sold for Cash)

L. Disc F

Cash 1,000 2,000

Bank 20,000

Date

Particulars

L Disc F

Cash 600

Bank

1997 Jan 2 By Purchase A/c (goods purchased For cash) 12 By Mohan Rao (cheque issued Disc received) 14 By BankA/c 20 C

480 1,000 1,000

10

Nov

14 16

Birajdar A/c 25 (Cash received, Discount allow ed) To cash A/c C (Cash deposi ted in bank) To prabhakar 50 (cheque recei ved, disc )

875 1,000 950

27 By kulkarni (cheque received, Dishonoured 30 By bank charges 31 By Cash A/c (w/d from bank For office) 31 Drawings A/c 31 Balance c/d C

20

Interest on secu rities A/c (interest collec ted by bank) 22 To kulkarni (cheque recei Ved, deposited in in bank) 31 To Bank A/c C ( Cash w/d For office use) 75 Feb 1 To balance b/d

500 1,000

50 500 1,000 2,775 20,420

500 4,375 2,775 23,450 20,420 20 4,375 23,450