What is a 3 Column cash book?
Answers were Sorted based on User's Feedback
Answer / pranjal
three colomn cash book means it includes 3 columns such as
bank,cash and discount.generally there is only two colomn
cash book cash & bank. but when we prepare 3 column cash
book then it includes Discount column.
| Is This Answer Correct ? | 132 Yes | 6 No |
Answer / praveen prashanthi
the consists of three columns as discount, cash, bank
because the company has cash in the bank.
| Is This Answer Correct ? | 47 Yes | 12 No |
Answer / akhil prasad
meaning of three column cash book means 1st column is cash
2nd column is bank and 3rd column is discount column.
| Is This Answer Correct ? | 42 Yes | 12 No |
Answer / akhil prasad maharana
triple column cash book is a cash book which has three
columns either side to record cash bank and discount
transction.In the debit side the triple colume cash book
cash receipt,cheque receipt and cash discount columns
respectvely.
| Is This Answer Correct ? | 31 Yes | 5 No |
Answer / subrat srichandan
Three column means these column consist B_C_D..
B-Bank
C-Cash
D-Discount
| Is This Answer Correct ? | 27 Yes | 8 No |
Answer / moha abdi isse
three column cahs book is cash,bank including discount
| Is This Answer Correct ? | 22 Yes | 4 No |
Answer / murali.r
Three column cash book is a one type of cash book meant for
recording all transactions.in three column cash book
contains as 1st column-discount,2nd column-cash & 3rd
column-bank
| Is This Answer Correct ? | 16 Yes | 4 No |
Answer / britney suckoo
a three column cashbook is a cashbook that has thre column
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / siva
A colum cash book is one which there are three colums in each side. debit and credit side. One is used to record cash transactions the second is used to record bank transactions. Third one is used to discount received and paid.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / florence
Threecolum cash book contains Debit date, particulars,
leave fiol, discount, cash, bank and Credit in a box
column. of cash and bank transaction of a business
| Is This Answer Correct ? | 10 Yes | 10 No |
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Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.
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