Triple Column Cash Book | Cash, Bank & Discount Column | Contra Entries | Accountancy XI |

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